Replies to post #25189 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 89 Bcf versus expectations for a build of 79 Bcf and the 5 year average of 77 Bcf.

NG drops from $2.09 to $2.02/mcf when the news hits.

Current storage is 3,614 Bcf which is 421 Bcf above the five-year average of 3,193 Bcf.