Wednesday, March 27, 2019 10:05:59 AM
I bought into DGAZ big ~2 weeks ago when it appeared the 6D SMA and 10D SMA lines crossed and the momentum had shifted to the up side, and the MACD Histogram had confirmed this,... only to be caught in a sideways channel until now.
I bought in at $91.
This week it looks like the momentum is finally completing the shift and DGAZ is heading up for me.
Looking at your favorite chart appears to confirm I was too early to get in when I did, and that the time is now for a move up.
Hoping for a 10% ~ 20% move up here, then once it reverses, ride it the other way on UGAZ for another 10% ~ 20% as NatGas bounces between its apparent $2.50 to $3.00 channel. I am planning to do this all year long until the winter comes back into play like we observed it did this past winter to bust it out of this channel. Rinse and repeat all year long.
GLTY
I bought in at $91.
This week it looks like the momentum is finally completing the shift and DGAZ is heading up for me.
Looking at your favorite chart appears to confirm I was too early to get in when I did, and that the time is now for a move up.
Hoping for a 10% ~ 20% move up here, then once it reverses, ride it the other way on UGAZ for another 10% ~ 20% as NatGas bounces between its apparent $2.50 to $3.00 channel. I am planning to do this all year long until the winter comes back into play like we observed it did this past winter to bust it out of this channel. Rinse and repeat all year long.
GLTY
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