#crudeoilfutures #naturalgasfutures
CRUDE_ CLF19
Weekly – Seven weeks down. Trade pressures are down. Volumes are bearish.
Daily – Flat. Near the completion of the move down from the 55.52 short entry level. Trade pressures are down and trending. Volumes are bearish.
The next weekly target down is the 2017 low at 41.73.
A close above 53.28 would signal higher.
NAT GAS_ QNF19
Weekly – At the weekly 4.50 target. Trade pressures are up and extended. Volumes are neutral.
Daily – Flat. Thru multiple upside targets. Trade pressures are up but declining. Volumes are neutral.
Looked liked a massive short squeeze.
Now off the 4.952 high.
No Trades.