Replies to post #16163 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[blindjohn]

Yep here's one more weekly chart for you that's a bit more detailed on my Natgas trading Plan. https://twitter.com/silvertonstock/status/797597582256021504

[blindjohn]

The fact that the weekly 50/200 Natgas chart death crossed last year was the reason it hit sub $2.00. The weekly chart is in a MUCH more bullish position this time reaching for the golden cross into 2017. May not see sub $2.00 for a Long time

[pelicaninnc]

Cash has already dropped to 2.03. That is not going to be conducive to increasing rig counts. La Nina should remain steady nothing like last years El Nino setup. I am thinking when the weather pattern changes December going to be quick. Until then a bottoming process.