UPDATE ON NATURAL GAS $NG_F $UGAZ $DGAZ $BOIL $UNG

This post was just published on ZYX Short Change Alert.

Natural gas is spiking on less injection than anticipated.  Those holding futures may consider a stop in the zone of $4.81 to $5.11.

Those holding inverse ETF DGAZ may consider adding a 10% tranche in the zone of $2.60 to $2.95.  It is trading at $2.90 as of this writing. If it falls further, consider adding an additional 10% tranche in the zone of $2.30 to $2.60.

Those holding ETF BOIL, may consider adding a 5% short tranche in the zone of $51.75 to $54.45.  It is trading at $51.85 as of this writing.

Caution:  Not adding to the futures position at this time. Only consider stops.

 

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