CRUDE_ QMX15  (roll contracts)

Weekly – Trade pressures still down. Volume remains bearish.

Daily – Still Long. The 25×5 moving average held price. Trade pressures are down. Volume closed neutral from bullish. The next target up is 48.65. A close above 46.39 would signal a new short term move up in to the $50’s.

a close below 43.83 signals a new move down.

[update 9/25/15: stopped out at the 43.83 short signal. Waiting for a retracement up to the 25×5 to enter the short.]

 

NAT GAS_ Still too hard to trade. QNV15

Weekly – Trade pressures are down. Volume remains bearish.

Daily – No Trade. Trade pressures are down. Volume is bearish with a volume sell signal.