Replies to post #20721 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 46 Bcf versus expectations for a build of 60 Bcf and the 5 year average of 81 Bcf.

NG spikes from $3.02 to $3.06/mcf when the news hits.

Current storage is 2,768 Bcf which is 621 Bcf below the five-year average of 3,389 Bcf.