Replies to post #17257 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[bullforever]

traders short NG because they worry NG glut after winter. based on Weather, although it will warm up from next week, the withdrawal will still be about average. the deficit will not be gone.

[surehands]

I disagree...Next week will be a sell the news event just like yesterday...We could bounce and hit the 2.86= 23%fib or even Maybe the 200 MA at 3.00....But winter is pretty much done and over with.