Replies to post #20703 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[budmgd]

thanks Researcher! finally got a good report for longs

[researcher59]

EIA reports a build of 24 Bcf versus expectations for a build of 36 Bcf and the 5 year average of 46 Bcf.

NG rises from $2.77 to $2.79/mcf when the news hits.

Current storage is 2,273 Bcf which is 557 Bcf below the five-year average of 2,830 Bcf.