Velocityshares 3X Long Natural Gas ETN (UGAZ)

[dude iligence]

The weekly estimates and reports are just one of many tools in the bag of manipulation of NG. Perhaps it was felt that NG was running to far too fast for this time of season. Shorts need time to cover and go long. Its shaping up to be a good time to be long NG. Going to be a crowded trade this fall glad I got a good seat early. I still will flip the Thursday report confusion regardless of long or short for practice as much as anything. Todays move dipped to $16.8s to $18.3 bounce in just over an hour. Todays close will give a better indication of what to expect in the coming days. IF NG closes up then expect more strength. I would like to see NG move lower in the coming days and test support before moving higher.