Opinion vs Commit to Position Before offering opinion I did assess information so as to make a commitment to a Dgaz position since exiting Dgaz last week on its spike to $138+. I re enetered Dgaz 1/3 of position Intended hold for trading in May. A dip of 1% I will add small here. At report release, I will bid for Dgaz 1 bid for adding 1/3 more shares for price lower by 3% for possible dip.
By Friday, no matter what, I will be in full position for weekend, 4200 shares Dgaz, Tops 4500. I stated, expect Monday to Wednesday 4% swings, buy downswing Dgaz.
Expect Dgaz $145 probable, see $160 doable, $180 possible overshoot. Not a fact, so much to be determined by weather and other factors. Create scenarios based on storage and production 1, 2, 3 months out. Then see how demand comes in to play by seasonal changeover and weather plus other U drivers. That is how I trade NG!!! As to charts, I track NG futures, not Etf charts.
Glta Manxcan...as to yesterday 2 buys, 1.28% apart. Best was under $116.40 just after 2 pm.
I have entered Dgaz today within range $117.40 to $117.80. Will be patient for remained and await Thursday report.
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