Replies to post #17785 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[Wrinkles]

NG$3.15 now....$3.17's test seems imminent...if ever DGAZ would be appropriate...that might be it...UGAZ overextended...jmo....lil more gas in tank looks like to get to $3.17's.....(I'm not playing DGAZ..period into NG which is in bullmode for next few months...)

SWN in $5.80's as of now and we haven't started the NG pullback yet...hmmmmm...asking myself how low will SWN go on the next NG pullback? How deep is next NG pullback....now that it appears NG $3.17 will be tested? Can NG come all the way down to NG $3.06/$2.99 area again, or is it only $3.09 and go...before heading for NG $3.20's??? Does SWN come down to $5.60's $5.50's maybe lower? Talking to myself at the moment....

[researcher59]

$3.15 is the highest since May .... impressive breakout, but will it hold ???