AMEX:DGAZ   VELOCITYSHARES 3X INVERSE NATURAL GAS ETN LINKED TO THE S&P GSCI NATURAL GAS INDEX ER
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DGAZ exchange rate is rising. The exchange rate fell two full waves. ATR based on half a month ATR distance. Let's take a second here. The exchange rates can correct even monthly ATR distances. See. EURUSD . But if this were to happen, the price tag would have to be close to minus 27 usd. This is a false idea. Now a monthly party turns to ATR level, which is suitable for rising. If the theory remains correct, the exchange rate may rise to nearly 33 USD. Then a minor correction. The bigger rise comes from here. This can last up to 58 usd. Then a half-wave correction and a whole new wave up. The peak of the last wave will reach 76 usd levels by the middle of next year. This level is exactly 50% back test of the 2-month fall of 2 months.
Hi,

Thank you very much! My idea is similar.

BR
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