CRUDE_ CLK16

Weekly – Still consolidating around the 34.34 May target. Trade pressures have pulled back to the neutral zone. Volumes remain bullish.

Daily – Flat. Have traded up thru the new long entry of 38.77 to close at 39.72. Looking for some price improvement. Trade pressures are down but rising to neutral. Volumes have changed from bearish to bullish.

The next target up is 43.16 and the prior 42.49 pivot high resistance.

 

NAT GAS_ QNk16

Weekly – Remains in the downtrend. Trade pressures are rising to b neutral. Volumes are mixed bearish to bullish.

Daily – Flat. In a move up from the 1.87 long entry, but trade pressures are too choppy. Volumes are mixed to bullish.