Replies to post #17462 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[C C]

What u also need to be watching is forward months contracts
Notice I said months not month
April plays into this as well
Tracking April chart u can see much more than just march

That is why you see futures with such divergence against UGAZ and DGAZ
Forwardation and bacwardation comes into play in forward months contracts

Happy trading my friend

cc

[C C]

budmgd.....best of luck to you

to get tru 3.30 appears may have to churn for a bit

does it drop below 3.257 and retest lows ....say 3.16 ish and back up to get tru 3.30 or push on tru
who knows for sure

shall see





cc

[TheTrader72]

RSI getting toppy here. It’ll fall soon enough- like a rock- like always. Blow people out both directions is the trend. Until it’s not imo