CRUDE_ CLM18 #crudeoilfutures
Weekly – In the move up toward the 75.73 extended target. Trade pressures are up, but showing divergence. Volumes remain bullish.
Daily – Flat. In the move up from the 63.83 long entry level. Trade pressures are up. Volumes have changed from bullish to neutral.
Now consolidating at the 70.39 level.
The next target up is 75.70.
A close below 69.86 would signal lower.
NAT GAS_ QNM18 #naturalgasfutures
Weekly – Natural gas remains flat with no direction. Trade pressures are down into the neutral zone. Volumes are now neutral.
Daily – Flat. Trade pressures are up into the neutral zone. Volumes are now bullish.
No trade.