Replies to post #22424 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[No-Quarter]

Sunday progressing as you surmised. Gap filled. Cold weather forecast to move it back up.

[dude iligence]

Gap closed, sort of with this morning gap down then drop NG tested 50ma $2.62 (dec)







I bought some UGAZ $15.3s mon when NG touched the 50ma $2.62. Could see a trading range bounce into the gap above. NG base waiting on cold wx update forecast. A cold polar vortex could resume NG rally. Stop limit for substantial drop below the 50ma

UGAZ/DGAZ 60/40 Jan/Dec