Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[MASTERTRADER]

DGAZ: Draw 10 year Nat Gas futures chart (forward slash NG) and check the Fib retracement from 2008 high $13.694 to 2012 low of $1.902 and you'll get $6.407 which will be 38% Retracement. My money goes into DGAZ tomorrow am and will hold till the temperatures warm up and nat gas settles into low $4 area. Will of course trade the heck out of DGAZ on short term spikes and dips before the major price correction...


Worst case scenarion Nat Gas goes to $7.08 wich will be exactly 50% retraceement from all time high of 15.65 to low of $1.90

GL to all and please trade on your own DD!