Replies to post #23279 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[dude iligence]

NG $2.02 resistance was tested today can clearly be seen in the following chart. Get above this hurdle and NG Breakout begins. At the same time we can see that $1.94ish is now being tested for support.








semi ascending wedge forming top around $2



Once the pps is above the 50ma and moving north anything purchased below the 50ma will seem cheap.