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CRUDE_ CLZ18

Weekly – remains in the uptrend. Trade pressures are down into the neutral zone. Volumes are bearish. 66.78 is the 25×5 moving average weekly support level.

Daily – Flat. In the move down from the 74.66 short entry. Trade pressures are down. Volumes remain bearish.

The next target down is 66.98.

A close above 71.23 would signal higher.

 

NAT GAS_ QNZ18

Weekly – A five week rally. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move down from the 3.37 highs. Trade pressures are down into the neutral zone. Volumes are mixed bearish to neutral.

Daily ranges are too high for the trade levels so no trades.