Replies to post #5289 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[C C]

You found it....EIA showing a 45% drop for natty into next year

Jan 2017,9.20
Dec 2016,9.43
Nov 2016,10.21
Oct 2016,12.62
Sep 2016,15.50
Aug 2016,16.33
Jul 2016,15.46
Jun 2016,13.84
May 2016,11.51
Apr 2016,9.66
Mar 2016,9.23
Feb 2016,8.39
Jan 2016,8.30

EIA projects that natural gas inventories will be 4,042 Bcf at the end of October 2016, which would be the highest end-of-October level on record.
* Retail Price of Natural Gas in Residential Sector U.S. Average
http://www.eia.gov/forecasts/steo/

got me some 5.92 friday


cc

[Derek ops]

It will be Interesting to if this weeks report starts to show the higher builds or if it takes one more week. The market should start moving prices towards those numbers soon.