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CRUDE_ CLZ19

Weekly – Still in a down tend but in the move up off the 10/4 lows. Trade pressures are up. Volumes are now bullish. Resistance at 62.

Daily – Flat. Moved up thru the downtrend resistance to form a new uptrend. Trade pressures are up. Volumes are bullish.

The next target up is 60.87.

Showing some price divergence. A close below 54.84 would signal lower.

 

NAT GAS_ NGZ19

Weekly – Testing the downtrend resistance now . Trade pressures are up. Volumes are bullish.

Daily – Short. Bearish reversal in the trade pressures. Trade pressures are up but turning down. Volumes are bullish.

The short entry is 2.77.

Set the stops at 2.86.