Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[Swing Party]

I think there’s an increasing chance of a cold winter. I was in the mild winter/record production/increased take away camp, BUT the weather pattern set up is increasingly favoring cold over the eastern us. Cold weather forecasts pretty much trump other factors. I will be playing the dips in NG, going long by shorting dgaz and hopefully getting a little tailwind from beta decay & backwardization into feb contract.

I wonder today’s post report sell off in NG could be traders closing winning long positions before the holiday weekend.