Replies to post #20708 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

Yeah, this deficit is amazing. A few months ago they were predicting a glut by autumn and that sure won't happen !

[Marketwise]

That did not take long...Per the EIA sight, "At 2,308 Bcf, total working gas is below the five-year historical range" and NG is soaring as I type this. I think natural gas could be bullish for awhile but as always, "need to be on it" whenever trading NG, imo.