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CRUDE_ CLF19

Weekly – Further consolidation at the $50 level. Trade pressures are down hard. Volumes are now neutral.

Daily – Flat. Consolidation at the 50.16 downside target.  Trade pressures are down but rising. Volumes are bullish.

The next target down is the weekly 41.53 low pivot.

A new long entry is at 53.28. This level was touched three times but no close above.

Long trade stops will be the 50.16 low pivot.

 

NAT GAS_ QNF19

Weekly – Consolidating at the 4.50 level. Trade pressures are up. Volumes are neutral for thee weeks now.

Daily – Flat. In the move down from the 4.52 shot entry. Trade pressures are down. Volumes are bearish.

The next target down is 4.13.

A close above 4.52 is the new long signal. (Yes, both long and short entries are the same, no direction.)

No Trade.