CRUDE_ CLZ17  #crudeoilfutures

Weekly – Rising inside the long downtrend. Trade pressures are up but declining. Volumes are now bullish.

Daily – Flat. In the move up from the 50.69 long entry level. Trade pressures are up but declining. Volumes are bullish.

The next target up is 53.26.

A close below 50.38 would signal lower.

 

NAT GAS_ QNZ17  #naturalgasfutures

Weekly – Volumes are in a slow uptrend. Trade pressures are down. Volumes are now bullish.

Daily – Flat. A spike down at the bottom near the 2.745 down side target. Trade pressures are down. Volumes are now neutral.

A close above 2.86 could signal higher.

The next target down is still the 2.745 level.