#crudeoilfutures #naturalgasfutures
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.