Direxion Daily Nat Gas (GASX)

[THREE-DAY-TRADER]

If $Crude Oil holds up at 45.50+ latest support thru Friday and if rig count is bullish on Friday (April 29), I think a good chance we see 47-50 on Oil. Then look for GASX @ 8-9 on next possible leg down if it happens (regardless of Nat Gas)

I've been pondering on posts about the possibility of 9-11 (mainly based upon Crude Oil prospects) in last couple days as a highly likely risk scenario before GASX did break down below 12.
So far we got 10's.