DGAZ (3x inverse natural gas ETN) is now an Active Trade as /NG (nat gas futures) has broken down below the 60-minute rising wedge pattern. The trade parameters & other notes on this trade can be viewed in this morning’s previous /NG DGAZ Natural Gas Trade Idea post. Updated 60-minute charts below.
- DGAZ 60m Nov 5th
- NG 60m 2 Nov 5th
Remember, although DGAZ is categorized as an Active Short Swing Trade, one would buy or go long DGAZ to short natural gas.