Replies to post #20722 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 98 Bcf versus expectations for a build of 90 Bcf and the 5 year average of 84 Bcf.

NG drops from $3.18 to $3.13/mcf when the news hits.

Current storage is 2,866 Bcf which is 607 Bcf below the five-year average of 3,473 Bcf.