Replies to post #11269 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[FreezeThese]

and to think February was 35hrs ago

[researcher59]

EIA reports a build of 7 Bcf versus expectations for a draw of 2 Bcf and the 5 year average of 132 Bcf.

NG drops from $2.78 to $2.75/mcf when the news hits.

Current storage is 2,363 Bcf which is 295 Bcf above the five-year average of 2,068 Bcf.

The BUILD was the first ever recorded during winter. Record warm weather was the reason for the unprecedented weak demand.