CRUDE_ CLX15
Weekly – Still in Downtrend. Trade pressures are down but rising. Volume is bearish for the last four weeks.
Daily – Flat. The long trade from 41.77 stopped out on a pullback to the 43.83 stop at the moving average.
Trade pressures are down but rising. Volume has changed from bearish to neutral.
Need the indicators to return to bullish and a close above 46.44 to get long again.
NAT GAS_ QNX15
Weekly – Still in the downtrend from late 2014. Trade pressures are down. Volume is bearish.
Daily – No trade. Flat. Congestion.
Trade pressures are down. Volume is cycling from bullish to bearish and back to bullish every three or four days.