Replies to post #6239 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[Myself °¿°]

La Niña will not come in like a lion cold because of the anomalies.

* Summer was extended
* Shoulder months were delayed
* Winter is also delayed

... And that is it.
Any amount of natgas that comes in and exceeds the demand is stored in an environment that is nearing capacity with no real demand in sight. Gas prices should drop.
After that you could expect export sales to ramp at such low gas prices and the price will take back off north.

* But whats the timing of it?
* Gonna play around with the 3 handle a while?
* Hard south decisive change?
* How about ladder down all the way into Dec?
* Train 1 comes back online?

Rhetorical questions that we all need to ask ourselves.

[dude iligence]

Sounds good if your short bit wishful thinking. Not likely to hit $2.5 it pulled back to $2.52 in Aug and has been making higher lows ever since. The 50ma with a gap closer just below the 50ma would be reasonable target. That would put NG right on the lower trend line.

[dude iligence]

cc How long before NG hits $2.50 and DGAZ $9 now $4.6 -13%

cha-ching Member Level Saturday, 10/01/16 10:23:43 PM
Re: Myself °¿° post# 6237
Post #
6239
of 6476 Go
possible natGaz hits 2.50...think it will......DGAZ should be around 9.00





cc