CRUDE_ CLV17  #crudeoilfutures

Weekly – Remains in the downtrend. Trade pressures are down. Volumes remain neutral.

Daily – Flat. In the move up from 47.12. Trade pressures are up. Volumes are mixed bullish-bearish-neutral.

In a pullback after reaching the 50 level and closing below the 48.03 short entry level. The next target down is 45.40.

A close above 49.99 would signal higher.

Mixed signal with the Texas hurricane.

Wait.

 

NAT GAS_ QNU17  #naturalgasfutures

Weekly – Persistent downtrend. Trade pressures are down but rising and near the neutral zone. Volumes are neutral.

Daily – Flat. In the move up from 2.93. Trade pressure are in the neutral zone. Volumes are mixed bullish to bearish.

The next target up is 3.09.

A close below 2.81 would terminate this move up.