Replies to post #17099 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 68 Bcf versus expectations for a build of 62 Bcf and the 5 year average of 87 Bcf.

NG drops from $3.19 to $3.17/mcf when the news hits.

Current storage is 2,369 Bcf which is 256 Bcf above the five-year average of 2,113 Bcf.