Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[fitzwell11]

Yes the earlier decade was extremely volatile. Funny to think we were at a place in 2015:2016 where there was such abundance they were flaring it off in lieu of storing and now the storage concerns hit. It’s interesting because even in the similar Polar Vortex of 2013-2014, it took Nat gas 7 weeks to go $3.41 to $4.52 which it has accomplished here in 3 days.

I have to believe a large amount of this is the extreme open short positions finally closing out.

Always appreciated your guidance on the UGAZ/DGAZ/DHOT60 boards