CRUDE_ CLQ17  #crudeoilfutures

Weekly – The down trend continues. Trade pressures are down. Volumes have changed from bullish.to neutral.

Daily – Short. The 44.92 short entry level has triggered the new short. Trade pressures are down into the neutral zone. Volumes are bearish.

The next target down is 41.03.

Set the stop at the 47.32 high pivot.

 

NAT GAS_ QNQ17  #naturalgasfutures

Weekly – Continuing the downtrend. Trade pressures are down but rising. Volumes are still bearish.

Daily – Flat. Testing the 2.83 lows. Trade pressures are down. Volumes are bearish.

The next target down is 2.68.

A close above 2.98 would signal higher.