CRUDE_ CLN16
Weekly – In the uptrend. Trade pressure are up and extended. Volumes remain bullish. The next weekly target up is 59.46.
Daily – Flat. At the 50.09 target. Trade pressures are up and trending. Volumes remain bullish.
The next target up is 58.01.
A close below 48.35 would signal lower.
NAT GAS_ QNN16
Weekly – Side ways still. Trade pressures are down. Volumes have changed from neutral to bearish.
Daily – Flat. Spiked down to the 1.975 downside target and then turned up to close above 2.103 which is the new long entry level.
Trade pressures remain down but rising. Volumes have turned neutral from bearish.
Still a lot of volatility.