Oil & Gas

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CRUDE_ CLV19

Weekly – Still in consolidation at the 52-53 level. Trade pressures are in the neutral zone. Volumes are bearish.

Daily – Flat. Now in the retracement down inside a longer move up. Trade pressures are down. Volumes are bearish.

The next target down is 50.89.

A close above 57.42 would signal higher.

 

NAT GAS_ QNV19

Weekly – Still at the lows. Trade pressures are down. Volumes are bearish.

Daily – Long. In the move up from the 2.12 level. Trade pressures are down. Volumes are bearish.

Pulled back to the lower median line.

Take a low risk entry here at 2.18 with a stop at the 2.03 lows.

The next target up is 2.21.