CRUDE_ CLQ18  #crudeoilfutures

Weekly – Second week of the rally off the 25×5 moving average support. Trade pressures are up into the neutral zone. Volumes remain bullish.

Daily – Flat. The long trade was stopped out with a n ice quick 4 day move. Trade pressures are up. Volumes are bullish.

The next target up is 74,81 on the daily and 75.73 on the weekly.

A close below 72.27 would signal lower.

 

MAT GAS_ QNQ18  #naturalgasfutures

Weekly – The 3.02 level is acting as resistance. Trade pressures are up and trending. Volumes are now bearish.

Daily – Flat. In the move up from the 2.74 level. Trade pressures are down inthe neutral zone. Volumes are neutral.

The next target up is 3.07.

A close below the 2.90 would signal lower.