CRUDE_  CLZ15

Weekly – New contract. Trade pressures are neutral and rising. Volume remains bullish.

Daily – Flat. Long trade stopped out last week at the 46.44 entry. Currently in the pullback to 45.45. Looking for a reentry with a close above 46.93 with a volume confirmation.

Trade pressures are down. Volume has changed from bearish to neutral.

 

NAT GAS_ QNX15  Winter months should benefit natural gas.

Weekly – retesting the May 2015 lows. Trade pressures are down hard. volume has changed from bearish to neutral suggesting some short covering.

Daily – No Trade. Flat. Trade pressures a down but rising. Volume remains bearish.

Need a close above 2.56 for a new long entry.