CRUDE_ CLG18  #crudeoilfutures

Weekly – Three week move is near the weekly 63.39 target. Trade pressures are up and trending. Volumes are bullish.

Daily – Flat. In the move up from the 58.77 long entry. Trade pressures are extended. Volumes have changed from bullish to bearish.

The next target up is 63.55.

A close below 59.21 would signal lower.

 

NAT GAS_ QNG18  #naturalgasfutures

Weekly – Remains in the downtrend. Trade pressures are rising into the neutral zone. Volumes have returned to bearish.

Daily – Flat. The move up from the the 2.65 entry and to the 2.94 upside target has failed to move the the 3.18 target. Trade pressure are up but declining to the neutral zone. Volumes are bearish.

The next target up is 2.94.

The move down thru the 2.97 level has started a new move down.

The next target down is 2.52.