Replies to post #17631 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 65 Bcf versus expectations for a build of 66 Bcf and the 5 year average of 58 Bcf.

NG rises from $2.99 to $3.00/mcf when the news hits.

Current storage is 3,220 Bcf which is 15 Bcf above the five-year average of 3,205 Bcf.