Velocityshares 3X Long Natural Gas ETN (UGAZ)

[JR30]

NG closed at $1.895 on Friday, missing that critical $2 mark which would have shown some confirmation of a rebound. It also closed on the lowest close of the week. Definitely not a rebound happening yet. More worries and pressures keeping NG down until end of April at a minimum. Good chance UGAZ will fall under $20 before a rebound of NG happens in May. I agree trading NG can be risky and dangerous to noobies, so you may want to be careful in your trades.