Oil & Gas

CRUDE_ CLG18  #crudeoilfutures

Weekly – Continuing the bull move off the July lows. Trade pressures are up and trending. Volumes are bullish.

Daily – Flat. In the new move up from the 58.85 long entry. Trade pressures are up and trending. Volumes have changed from bearish to bullish.

The next target  up is 68.35.

A close below 61.24 would signal lower.

 

NAT GAS_ QNG18  #naturalgasfutures

Weekly – Rallied up thru a weekly long entry. Trade pressures are up. Volumes are now bullish.

Daily – Flat. In the move up from the 2.87 long entry level. Trade pressures are up. Volumes are bullish.

The next target up is 3.28.

A close below 3.03 would signal lower.