Replies to post #20723 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 90 Bcf versus expectations for a build of 90 Bcf and the 5 year average of 90 Bcf (trifecta).

NG drops from $3.20 to $3.17/mcf when the news hits.

Current storage is 2,956 Bcf which is 607 Bcf below the five-year average of 3,563 Bcf.