Nat Gas pointing lower, towards 2,5xx levels - meaning DGAZ buy
We have DGAZ in portfolio right now, went in at around $25 level, and will hold until $30 where my sell orders are now. This should go in line with projections my friends here on TV share with me - and that is the NG1! is going to enter 2,5xx area, hopefully 2,580 after which we should see a rise to at least 3,1xx at the time we start preparing for the winter weather and the end of the injection season.
If $30 seems fair fetched, exiting at $28.5 still gives some decent returns in this market which has been acting strange last 6 months.
Keep an eye out on entering longs on Nat Gas after we enter 2,5xx level.