CRUDE_ CLG18  #crudeoilfutures

Weekly – Remains in the uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In a retracement down from the move move up from the 51.06 level to the 59.75 target area. Trade pressures are up. Volumes are bullish.

A close below 56.00 would signal lower.

A close above 58.77 would signal higher.

 

NAT GAS_ QNG18  #naturalgasfutures

Weekly – Still a weather market. The warmer season in the northeast controls. Trade pressures are sown. Volumes are bearish.

Daily – Flat. In the move down to the 2.64 level. Trade pressures are down and trending. Volumes are now neutral.

No trade here.