Replies to post #6237 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[dude iligence]

The weather didn't matter last winter and it was mild. We still had a great run in anticipation of Its Gonna Be A Long Cold Winter. The rally lasted 3 weeks and was over when winter actually arrived. Same story in anticipation of a Long Hot Summer which it was. That rally lasted 6 weeks and was over when the Hot wx arrived. The difference was after the winter rally NG pulled back lower than when it started. In contrast NG pulled back slightly in July till mid August and since has moved above the Summer rally high $3. NG is not going to get swacked like most here are projecting. NG is not bearish trade like it was last fall. It will pullback but expect it to move back up and breakout on the catalyst of NG reports falling below last yr and five yr storage averages.

[C C]

possible natGaz hits 2.50...think it will......DGAZ should be around 9.00





cc

[Myself °¿°]

edit BUT the current "yellow" north, west, and east coast anomalies are blocking the possibility of a La Niña

[C C]

M once it hits Carolinas appears heads out to sea
there appears to be a weather pattern stopping Hurricane Matthew from hitting land


https://earth.nullschool.net/#current/ocean/surface/currents/overlay=sea_surface_temp_anomaly/orthographic=-108.33,38.36,475



cc