CRUDE_ CLM16

Weekly – Closed the week above the 25×5, bullish sign. Still need to close above the downtrend stop. Trade pressures are up. Volumes remain bullish.

Daily – Flat. In the upmove from 39.62. Trade pressures are up but diverging. Volumes are bullish.

Moved easily thru the 44.51 target. The next target up is 49.41.

Stops at 41.70.

 

NAT GAS_ QNM16

Weekly – In the downtrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In a move up from 1.99 but average true range very high. Trade pressures are down. Volumes are mixed, bearish to bullish.