Oil& Gas

CRUDE_
Weekly – Trade pressures remain down. volume bearish.
The 84.03 target and pivot low were retested, as projected.
the next weekly target is 70.58.

Daily – trade pressures remain down, somewhat oversold. volume is bullish.
In the short trade from 87.92, met the 89.68 target, consolidated and then moved sharply to the 84 pivot low.
the next target down is 81.44.

need a close above 88.02 for the long entry.

NAT GAS_
Weekly – trade pressures are down. volume is bearish.
next target down is 3.49.

Daily – trade pressures are down. volume is bearish.
In this short trade from the Feb ’14 spike up.
next target down is 3.52.