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United States Natural Gas Message Board

  • racerdanny99 racerdanny99 Mar 1, 2013 10:09 AM Flag

    SPGSNGP is trailing the NG April Contract.

    What I foresee is the inverse getting stroger slowly as yesterday's bullish run wears out this morning. (This was a hint for day trader.)

    Longer term (Next Week) - NG April contract (Futures) are priced in near term bullish withdrawals for next 2 weeks. I do not foresee a big weather change over the weekend but it is vulerable to any change to be bearish. Hence, it has more chance to be bearish then bullish. I'd say start accumulating inverse at this point. I wouldn't recommend more than 25%. Still need to wait another week to see direction but I would not bother "ALL-IN" in any direction at this point. GLTY!

    Sentiment: Sell

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