CRUDE_ CLN17  #crudeoilfutures

Weekly – Remains in this month’s long downtrend. Trade pressures are down into the neutral zone. Volumes are bearish.

Daily – Flat. The retracement move down has reached the 45.54 downside profit target. Trade pressures are down. Volumes have changed from bearish to neutral.

The next target down is 44.10, the low pivot.

A close above 47.08 would signal higher.

 

NAT GAS_ QNN17  #naturalgasfutures

Weekly – Consolidating at the 3.00 level. Trade pressures are down. Volumes remain bearish.

Daily – Flat. At the 3.01 downside target and consolidating here. Trade pressures are down and extended. Volumes are neutral.

The next target down is 2.65.

A close above 3.09 would signal higher.