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CRUDE_ CLN19

Weekly – Broke support and now in a new move down. Trade pressures are  down. Volumes are bearish.

Daily – Flat. The original 63.70 short is still in effect. Trade pressures are down. Volumes are bearish.

Moved sharply this week thru the 54.50 downside target  and the stopped at the 53.35 target.

The next target down is 51.56.

A close above 58.53 would signal a new move higher.

 

NAT GAS_ QNN19

Weekly – At the new lows of 2.44. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. Broke down thru the the 2.45 downside target. Trade pressures are down. Volumes are bearish.

The next target down is 2.41.

A close above 2.52 would signal higher.