CRUDE_  CLJ18  #crudeoilfutures

Weekly – Consolidating at the 63.39 weekly level. Trade pressures are down. Volumes are neutral.

Daily – Long. Thursday closed above the 63.64 long entry level. Trade pressures are up. Volumes are bullish.

The next target up is the 66.49 high pivot.

A close below 61.70 would signal lower.

Set the stop at 61.70.

 

NAT GAS_ QNJ18  #naturalgasfutures

Weekly – consolidating below the 25×5 moving average at 2.65. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 3.08 short entry. Trade pressures are down. but rising. Volumes are bullish.

The next target down is 2.38.

A close above 2.83 would signal higher.