Approaching inflection point on UNG near confluence of 1.00 fib extension of waves (i)-(ii) and 38.2 retrace measured from waves (ii)-(iii). Anticipating decline in wave (v), though corrective decline into alt wave (ii) - shown in blue - would suggest the possibility that a significant low was seen at 5.79.
Took profits on BOIL. Only remaining shares were bought very near the v of (iii) lows. I have some DGAZ purchased on 3/11. May add more today. So, I'm barely net long with 2x leverage, while hedged with 3x leverage. Will be net short if I add DGAZ.
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