#crudeoilfutures  #naturalgasfutures

CRUDE_ CLF19

Weekly – Six weeks down toward the weekly 50.55 target. Trade pressures are down. Volumes are bearish.

Daily – Flat. At the 57.03 downside target. Trade pressures are down and trending. Volumes are neutral.

The next target down is the weekly 50.55.

A close above 58.03 would signal a retracement up.

 

NAT GAS_ QNZ18

Weekly –  Ripped thru the 4.45 up side target. Trade pressures are up. Volumes closed bearish.

Daily – Flat. No trade as the daily ranges exceed the target level ranges. Trade pressures are up but turning over. Volumes are mixed bullish then bearish then neutral.

Blow off top with a bearish volume day on Thursday. A full dollar between the high and the selloff on Thursday.

No trades.

[https://www.bloomberg.com/news/articles/2018-11-19/hedge-fund-s-accounts-liquidated-amid-energy-market-volatility]