Replies to post #21590 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[Marketwise]

I see a build of 106 Bcf for this week's report. What were expectations? Recently, we have been moving back toward that 5 year average. Now about 286 Bcf below it.

[researcher59]

EIA reports a build of 106 Bcf versus expectations for a build of 103 Bcf and the 5 year average of 89 Bcf.

NG rises from $2.61 to $2.62/mcf when the news hits.

Current storage is 1,653 Bcf which is 286 Bcf below the five-year average of 1,939 Bcf.