Replies to post #22522 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[SPARK]

Nothing wrong with that~

[researcher59]

EIA reports a draw of 28 Bcf versus expectations for a draw of 32 Bcf and the 5 year average of 57 Bcf.

NG drops from $2.52 to $2.51/mcf when the news hits.

Current storage is 3,610 Bcf which is 31 Bcf below the five-year average of 3,641 Bcf.