Replies to post #25289 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[tmorr55]

As always, thanks for the info, r69

[Doubledown75]

Let’s see $12 natty just like a decade ago

[researcher59]

EIA reports a build of 76 Bcf versus expectations for a build of 68 Bcf and the 5 year average of 65 Bcf.

NG (Aug) drops from $3.65 to $3.59/mcf when the news hits.

Current storage is 2,558 Bcf which is 143 Bcf below the five-year average of 2,701 Bcf.