CRUDE_ QMV15 (roll before 22nd of Sep)

Weekly – remains in the downtrend begun in August 2014. Trade pressures are down. Volume is bearish. The weekly target points down to 26.62. Time pressures are up thru the end of the year.

Daily – Long. In the trade from the 41.77 entry. Reached the first target of 48.35, then began this recent pullback. Trade pressures are still up but pointed down. Volume has changed from neutral to bearish.

The stops are at the entry price of 41.77. Look for an early exit to preserve what small profit there is this next week; perhaps raise the stop to the 25×5 moving average at 43.40 if there is small move up.

 

NAT GAS_ Too hard to trade. QNV15

Weekly – Trade pressures are down. Volume is bearish.

Daily – No Trade. Trade pressures are up. Volume is bearish.