Direxion Daily Nat Gas (GASX)

[THREE-DAY-TRADER]

Not moving much up because stock market is not selling off hard yet while traders are waiting for Sunday meeting in Doha yet.
But maybe early next week or within a week or 2 it will move up.

And you should be cautious here. Traders are waiting to see what happens Sunday at meeting in Doha with Oil freeze, etc.
GASX could (not certain yet) have risk lower yet. But if it does have more weakness after Doha meeting this Sunday and Crude Oil spikes more yet toward 44-45, then I'll be more convinced this is a buy.
Otherwise if Oil starts weakening Monday yet after the meeting, then probably this is a buy and uptrend starts likely back toward 20 area.
...And if 'Sell in May & go Away' happens this year, which market is potentially setting itself u for, then GASX could trend much nigher than 20+

GASX & GASL are based on the FCG, so always do your research on those fund holdings.