Wednesday, October 09, 2019 5:35:39 PM
$1.805 is likely wishful thinking, but could be something under $2.00 is printed before the winter heating season is upon us(Oct-Nov start)....according to this weekly chart I stumbled onto today. NatGas @ ~$2 puts DGAZ at ~$200.
I am still holding DGAZ from $105. Weekly storage report comes out tomorrow morning. Watching for DGAZ to go higher tomorrow as a result. I will likely get cold feet and sell if it reaches/exceeds $180 in the next few days/week, and immediately buy UGAZ for the ride back the other way. DGAZ closed at $149 today.
I am still holding DGAZ from $105. Weekly storage report comes out tomorrow morning. Watching for DGAZ to go higher tomorrow as a result. I will likely get cold feet and sell if it reaches/exceeds $180 in the next few days/week, and immediately buy UGAZ for the ride back the other way. DGAZ closed at $149 today.
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