UGAZ Natural Gas ETN ... UP 31 %... in Just 24 Hours
rose a staggering 31% in just one trading today,
as Natural Gas Futures rose 40 cents today,
moving back towards $5.00
A 31 % return can be an Stellar Return for a Year
... UGAZ did it that a Day...just 24 Hours.
If you recall, I wrote about UGAZ initially last week,
sharing my VERY view
that the ETN is in the beginnings of
a Potential "Parabolic Breakout Pattern" to the Upside.
I shall continue to update you on UGAZ periodically
as late fall.snows and bone chilling arctic cold.
have already descended on the the Midwest, and Northeast.
Keep in mind that winter does not officially
start on the calendar till Dec.21
STRONG BUY ON UGAZ 173.52 Last
USE ANY SHARP PULLBACKS to 150 .., TO PURCHASE
In a massive blow off spike high, perhaps to 12. Ha..
I know dgaz I would suggest to you that you not short natural gas,
(unless it somehow drops back below 30
, during its most bullish seasonal time of the year.
Forecasts are for a warmer than average winter,
yet all we have been getting is much lower than normal temps.
Typo Correction That's drops back below 3, not 30