CRUDE_ CLF16

Weekly – The early October 2015 rally has faded. Time presses down thru early Feb ’16. Trade pressures are down. Volume has been bearish for five weeks. Next weekly target down is 28.55.

Daily – Flat. Consolidating at the 40.52 target. Next target down is 38.95. Trade pressures are down but rising . Volumes are in congestion.

Need a close above 43.45 to signal a new long entry.

 

NAT GAS_ QNF16

Weekly – In a long downtrend. Trade pressures are down. Volumes are bearish these last six weeks.

Daily – Flat. Volumes are changing from neutral to bearish and back to neutral = congestion. Trade pressures are down.

Need a close above 2.31 to signal a new long entry.