Replies to post #17100 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 75 Bcf versus expectations for a build of 71 Bcf and the 5 year average of 90 Bcf.

NG drops from $3.21 to $3.18/mcf when the news hits.

Current storage is 2,444 Bcf which is 241 Bcf above the five-year average of 2,203 Bcf.