Replies to post #1328 on ProShares Ultra DJ-UBS Natural Gas (2x) (BOIL)

[dealerschool2006]

ya well, eventually NG will stop falling and there will be a good entry point for BOIL...NG is not going to a buck...everything I'm reading suggests that producers are cutting back production because supply is greater than demand...I would be surprised if BOIL fills the gap in the 13s but I'm anticipating NG goes to last week lows range to fill the gap before going back up...

this explains what the ETF is:

https://www.proshares.com/our-etfs/leveraged-and-inverse/boil?gad_source=1&gclid=EAIaIQobChMI9-DTvqDFhAMV_xatBh2newUTEAAYASABEgIUKPD_BwE

[Brokemillwright]

..... See if my lower target holds