This etf is breaking out today on the TSX, gapping above the 100dma and Friday's close, while also simultaneously moving above the 3 month trading range upper resistance line in the $2.85-2.88 area. That's also a clean break of the 7 month downtrendline ($4.21-2.88) that price settled up against on Friday.
Canadian markets were closed yesterday during NG's big rise, which explains the size of today's gap. This non-leveraged etf is a decent vehicle for playing NG north of the border. If one wants leverage, long-term, close-to-the money call options can still be had for cheap.