CRUDE_  CLF16

Weekly – In the long downtrend from Oct 2014. Trade pressures are down. Volumes are bearish.

Daily – Flat. But testing the 35 lows and the 36.26 target.  Trade pressures are down but rising. Volumes are still bearish but getting lighter.

Need a close above 38.80 to signal higher.

 

NAT GAS_ QNH16

Weekly – Same long downtrend as crude. Trade pressures are down but extended. Volumes are bearish.

Daily – Flat. Next target down is 1.465. Trade pressures are down. Volumes are congesting, but closing the week as Bullish.

Need a close above 1.842 to signal higher.