#crudeoilfutures #naturalgasfutures
CRUDE_ CLM19
Weekly – Has pulled back to the MA within the uptrend. Trade pressures are up but turned down. Volumes are now bullish for the week.
Daily – Flat. In the move down from the 63.70 level. Trade pressures are down but rising. Volumes are still bearish.
The next target down is 59.00.
A close above 63.40 would signal higher.
NAT GAS_ QNM19
Weekly – No change . still basing at the lows. Trade pressures are down but rising. Volumes are bearish.
Daily – Flat. In the move down but showing some change. Trade pressures are up. Volumes are bullish.
The next target down is 2.24.
A retracement move up is started to test the downtrend line at 2.70.
A close above 2.98 would signal higher.