CRUDE_ CLM18  #crudeoilfutures

Weekly – Trading above the 63.39 prior level. Trading pressures are neutral. Volumes are bullish.

Daily – Flat. In the move up from the 63.84 entry on the second leg up. Trade pressures are up. Volumes are bullish.

Consolidating at the 67.12 upside target. The next target up is 69.59.

A close below 65.08 would signal lower.

 

NAT GAS_ QNM18  #naturalgasfutures

Weekly – Basing? Trade pressures are up. Volumes are bullish.

Daily – Flat. Have moved sideways and out of the downtrend channel. Trade pressures are back down into the neutral zone. Volumes are mixed, bearish to bullish.

Still under the downtrend resistance line. Need a close above the 2.81 level to get any new move up.

No direction. No trade.