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United States Natural Gas ETF Message Board

  • sa1212 sa1212 Jan 24, 2014 2:39 PM Flag

    Severe backwardation

    It looks like we have a rather severe backwardation now in the NG futures. That should be very profitable of UNG as when it rolls it can buy cheaper. Still spot prices of NG will go down rather quickly, I think.

    Sentiment: Sell

 
UNG
13.04-0.29(-2.18%)Jul 31 4:00 PMEDT