Direxion Daily Nat Gas (GASX)

[THREE-DAY-TRADER]

Added again recently and now have an avg near 12.70.
At this point I will be setting a stop-loss (not noted here yet) as we go thru a 'make or break period' in the stock market with FOMC & BOJ meeting results Wednesday April 27.

Anything is possible at this juncture. I believe energy stocks (FCG) are over bought and due to pull back, but just in case we get a lot more upside volatility in the market from Central Banks or anything else, I will be prepared to sell (stop-loss threshold) based on certain criteria needing to hold and look to re-enter lower soon after.
If the stock market along with energy breaks out to new highs suddenly, it would not surprise me to see GASX at 11 or more likely down toward 9-10 before it would be all over with.