Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[Sendme]

acrazjo, I like to use the 1:2 risk/reward formula on the 60 minute chart to give me a sense of a possible target. This is just what I would keep in mind as a bottom, not to say that there will be some ups and downs along the way to trade. I often calculate the target once the break out happens, but sometimes the target seems so far out there that I don't post it. So with that in mind, here it is.





This formula put DGAZ at around 17.00 when it dropped from 42, who would have thought?