Replies to post #16176 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[Rock_nj]

Winter forecasts are pretty split, with NOAA and some others says MJ warm, while a good number of mets saying cold in east this winter.

[pelicaninnc]

Thinkin late winter colder than last year especially east coast. La Nina currently weak but present. Weather patterns can change real fast. Contango levels off jan-feb contract.