Velocityshares 3X Long Natural Gas ETN (UGAZ)

[Rock_nj]

Most models bring cold into the East in mid December after the West gets its cold spell. But, as usual, there is a lot of disagreement in the models. Till then, it seems like a see-saw pattern with lots of storm and air masses crossing the country.

One thing is for sure, it appears tomorrow's nat gas storage report will be the last injection for months. How deep we go into the draws is the question now. I know we are going below the 4 TCF level in storage next week.