Direxion Daily Nat Gas (GASX)

[THREE-DAY-TRADER]

CHK - Chesapeake energy (part of the FCG) had some positive news today of an asset sale to raise cash, and it apparently lifted the stock, which effectively is the main curve ball that was thrown at GASX today.
Also--- True, Nat Gas is up today a lot, but it's that individual stock news on CHK that pushed up the sector even more.
We'll see if it is sustainable next week. I think the run up is over done personally on the sector, along with oil & gas. Oil actually has been the predominate factor in this overall, but sometimes nat gas going upward or surprise news on a stock in FCG holdings can happen & is unfortunately part of the reality of trading and scenarios of unpredictability.