Replies to post #22821 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[kei]

NG passed $2.30 ~ nice!!!

[researcher59]

EIA reports a draw of 107 Bcf versus expectations for a draw of 94 Bcf and the 5 year average of 112 Bcf.

NG rises from $2.25 to $2.28/mcf when the news hits.

Current storage is 3,411 Bcf which is 9 Bcf below the five-year average of 3,420 Bcf.