CRUDE_ CLV16 #crudeoilfutures

Weekly – Still under the weekly resistance but moving up sharply. Trade pressures have move quickly to up. Trade pressures have two weeks of bullish volume.

Daily –  Long. The entry price has changed to 44.63 with the new October contract. Trade pressures are up. Volumes remain bullish.

The trade has a 5pt profit to date. The next target up is 52.26.

Stops are now 39.92.

 

NAT GAS_ QNU16 #naturalgasfutures

Weekly – Still in the uptrend. Trade pressures are now down. Volumes have changed to bearish.

Daily – Flat. In a downtrend. Trade pressures are down but rising. Volumes are mixed bullish to neutral.