UNG/UGAZ, JNUG, XIV/UVXY (9/22 9:00am est)

Good morning everyone,

First of all, I came home from work at 3:00am. I went to sleep at 4:30am. I'm so sorry I couldn't post earlier.

SP 500 future was down 33 points (1.66%). It seems the market is playing Ping Pang (one day up and one day down). Oil is trading 45.34 (down 2.83%), natural gas is trading at 2.59 (up 2 cents), and gold is trading at $1125 (down $6.10).

UWTI/DWTI

At this point, oil is trading in the middle range ($38 - $48). So, we shouldn't touch either one.

JNUG/JDST

JNUG is trading at $8.12 in pre-market (down 6.34%). It already hit my stop loss at $8.32. Sorry, guys. I have to sell. It is 20% down from the high ($10.40). Anyone bought high should have a stop loss (could 15% - 20% from your entrance price). Please protect your account and we will do another trade. Still, we shouldn't touch JDST.

UNG/GAZ

Natural gas hit 2.57 yesterday. I used 30% of funds to build a position. It is trading at 2.59. UNG (1x) is trading at ($12.22) and UGAZ (3x) is trading at ($7.40) in pre-market. At this point, someone can add more UNG but not UGAZ. We should hold and see. Of course, if you try to a DT or quick swing trade, you can take the profit right away.

XIV/UVXY

XIV is down 5.84% ($26.10) and UVXY is up 9.45% ($50.45) in pre-market. This isn't the time to add UVXY. It is the time to watch XIV. If XIV goes back to the previous range $21 - $26, it is our chance to buy in. Right now, we have to watch and wait. Day traders could buy XIV before the market open. It should have a quick bounce on XIV. Please sell when you see a quick profit.

So, good luck and we will talk here.