CRUDE_ Prince Alalweed declares oil will never see $100 again. Russia produces 10 million barrels a day but that is declining. Libya and Iraq are bringing more supplies on line. China growth is slowing so needs less. Japan is a net purchaser of energy, so their economy should see a cost benefit.   [http://www.nytimes.com/2015/01/25/opinion/sunday/what-happened-to-the-price-of-oil.html?_r=0].  Many cross currents!

Weekly – price is consolidating around the 48.65 target. Volume is bearish. Trade pressures are down. The next target down is 39.125.

Daily – the 44.80 target is acting as support. There is a new long entry at 49.17, but has been no close above that level yet. Trade pressures are down. Volume is bearish. The next target down is the weekly 39.13 target.

NAT GAS_  back at the three year lows, even in the middle of winter.

Weekly – near the the 2012 pivot low of 2.70. The next target down is 2.22. Trade pressures are down. Volume is bearish. Need a close above 3.52 to start a new move up.

Daily  – In the long trade from the 3.00 entry. The next target up is the 3.37 level. Trade pressures a down. Volume is bearish. A close below the 2.78 low is a stop.