Natural Gas Bounce - As Expected

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About: VelocityShares 3x Long Natural Gas ETN (UGAZ), Includes: BOIL, DGAZ, GAZ, GAZB, KOLD, UNG, UNL
by: Andrew Hecht
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Summary

A higher low in the energy commodity.

The signs of falling production continue.

Trading from the long side in natural gas.

Why UGAZ is a far better instrument than UNG, but only appropriate for short-term positions.

Action junkies love the natural gas market.

On Monday, May 18, Seeking Alpha published my last article on natural gas that I had written on May 15. On that day, June natural gas futures settled at below the $1.65 per MMBtu level