Oil & Gas

CRUDE_ CLV15

Weekly – still in down trend. Trade pressures are down but rising. Volume turned bullish from bearish last week.

Daily – Long. The new long trade was triggered at the 41.77 entry price. Trade pressures are up. Volume is now bullish. Price has traded up to the first target of 48.28.

Raise stops to the entry price – 41.77.

A close below 42.28 would signal lower.

NAT GAS_  QNV15

Weekly – Still no direction. even the 25×5 is flat. Trade pressures are down. Volume is bearish.

Daily – Flat. Trade pressures are down. Volume has changed to bullish from bearish.