Replies to post #13435 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[wz9ytp]

Investing.com rolls this weekend, I'm assuming it'll do same for NatGas. WTI contract trades last day June 20....

But I think there'll be very little impact. July contract is trading at 44.74, Aug is trading at around 44.95... giving us .5% (half a percent) contango or 1.5% for 3x leveraged ETN/ETF's....

Markets are uncertain so the futures contracts are at a relatively similar level and the curve is flat.... giving us very low contango. Holding long(er) term is thus dirt cheap.

Looking at the oil chart... I feel very good with my 12.22 UWT's!

Great weekend!