CRUDE_ CLN16

Weekly- at the weekly target of 48.90. Trade pressures are up and extended. Volumes remain bullish.

Daily – Flat. Consolidating at the 50.09 profit target. Trade pressures are up but declining. Volumes are steadily bullish.

The next target up is 58.01.

The next short entry level is 48.14.

 

NAT GAS_ QNN16

Weekly – Still in downtrend. Trade pressures arising into the neutral zone. Volumes have changed back to bullish.

Daily –  Flat. In the move up from the 2.103 long entry level. Trade pressures are extended up. Volumes are bullish.

The next target up is 2.4750.

A close below 2.246 would signal lower.