Friday, March 25, 2011

Very unusual and big move on natural gas and UNG late Friday, contango at 1.5%

Natural gas and UNG are moving signficantly this afternoon, a very unusual move for late Fridays.  Please take a look at UNG:


For the day, UNG is up 4.15% right now (3:20PM).

Contango for UNG is now a little lower at 1.55% (May to June contracts):

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