#crudeoilfutures #naturalgasfutures
CRUDE_ CLK19
Weekly – The Friday close is a breakout of the downtrend. Trade pressures are up. Volumes are bullish.
Daily – Flat. Still in the move up from the 54.97 February long entry, Trade pressures are up. Volumes are bullish.
The next target up is 64.91.
A close below 60.44 would signal lower.
NAT GAS_ QNK19
Weekly – Still in basing mode. Trade pressures are down. Volumes are bearish.
Daily – Flat. Sideways. Trade pressures are down but rising. Volumes are bearish.
Entered a new short trade at the 2.65 level, but the next target down is 2.56.
So, risk higher than reward.
No trade.