Replies to post #23896 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[fitzwell11]

Guess it depends on how technical you want to get given the hourly does still have a gap of $.015 or so. But the daily gap filled. Sentiment is the name of the game for now. Fundamentally, very little changed for $WTIC on its rally from $5 to $35, but sentiment improved. Fundamentals here are much better than price reflects but $Natgas continues to be the ugly stepchild to the market right now.