#crudeoilfutures #naturalgasfutures

CRUDE_ CLV20

Weekly – Remains in the long term downtrend. Trade pressures are up but showing some divergences. Volumes are bullish.

Daily – Flat. In the move up and consolidating at the 44 level. Trade pressures are down into the neutral zone. Volumes are bullish.

The next target up is 44.07.

A close below 35.05 would signal lower.

 

NAT GAS_ NGV20

Weekly – Remains in the new up trend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Still in the move up started in early July. Trade pressures are up and trending. Volumes are bullish.

The next target up is 2.80.

A close below the 200 Day MA  at 2.30 would signal a new  move down.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLV20

Weekly – Still in the 40-43 range. Trade pressures are up but declining. Volumes are bullish.

Daily – Flat. In the move sideways. Trade pressures are down. Volumes are neutral.

The next target up is 44.07

The next target down is 35.05

 

Nat Gas_ NGU20

Weekly – In the new up trend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Starting to see the megaphone, higher highs and lower lows = indecision. Trade pressures are up but declining. Volumes are bullish.

The next target up is 2.70.

A close below 2.27 would signal lower.

 

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU20

Weekly – Remains in the 40-43 channel. Trade pressures are up but reversing.

Daily – Flat. In the move up from the May 28.61 long entry. Trade pressures are down. Volumes are bullish.

Anticipating Saudi production cuts.The next target up is 44.07.

A close below 35.05 would signal lower.

 

NAT GAS_ NGU20

Weekly – First week in the new weekly uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 1.74 long entry in June and the second leg up in July. Trade pressures are now up. Volumes are bullish.

The next target up is 2.70.

A close back below the 200 day MA would signal lower.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU20

Weekly – Rallied to the 43.00 upper bound. Trade pressures are up but reversing. Volumes are bullish.

Daily – Flat. The move up stopped near the 44.39 target. Trade pressures are down. Volumes are bearish.

The next target up is 47.11.

A close below 35.05 would signal lower.

 

NAT GAS_ NGU20

Weekly – Big week up. Trade pressures are up. Volumes are bullish.

Daily – Flat. The move up from 1.74 continues. Trade pressures are up. Volumes are bullish.

The next target up is the 200 day MA at 2.31.

A close below 1.89 would signal lower.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU20

Weekly – Still stuck at the 40-42 level. Trade pressures are up but reversing. Volumes are neutral.

Daily – Flat. Still in the move up. Trade pressures are down. Volumes are neutral.

The next target up is 44.07.

A close below 34/04 would signal lower.

 

NAT GAS_ NGU20

Weekly – Remains in the long move down. Trade pressures are up. Volumes are neutral.

Daily – Flat. In the move up from the 1.74 level. Trade pressures are down. Volumes are bearish.

The next target up is 2.00.

A close below 1.64 would signal lower once again.

One would think the business demand to be down as office buildings are not fully occupied. Vaccine approvals will likely be the key to recovery in this market.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU20

Weekly – ran up to 42.50 but still in the weekly downtrend.. Trade pressures are up. Volumes are bullish.

Daily – Flat. Near the 44.07 upside target . Trade pressures are down. Volumes are bullish.

The next target up is the 44.07.

In a retracement now. A close below 34.04 would signal lower.

 

NAT GAS_ NGU20

Weekly – Remains in the steady move down. Trade pressures are just peeking up out of the neutral zone. Volumes are bearish.

Daily – Flat. In the new leg up off the 1.74 long entry price. Trade pressures are up. Volumes are  bullish.

The next target up is 1.92.

AS long as the weekly remains bearish hard to get a sustained move up. A close back below 1.64 would signal lower.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLQ20

Weekly – Stuck here at 40-41, trying to close the gap. Trade pressures are up. Volumes are bullish, but very low.

Daily – Flat. In the move up from the 28.60 long entry. Trade pressures are down into the neutral zone. Volumes are bullish.

The next target up is 44.07.

A close below 33.32 would signal lower.

 

NAT GAS_ NGQ20

Weekly – Cannot break the weekly downtrend. Trade pressures are up into the neutral zone. Volumes are bearish.

Daily – Flat. In a retracement move up from the 1.68 long entry. Trade pressures are don. Volumes are bearish.

The next target up is 1.86.

A close below the 1.51 low pivot would signal a new move lower.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLQ20

Weekly – Flattened out at the 42.00 target. Trade pressures are up. Volumes are bullish.

Daily – Flat. Moving sideways while the overbought is worked off. Trade pressures are down and over sold. Volumes are bullish.

The next target up is 44.07.

A close below 33.95 would signal lower.

 

NAT GAS_ NGQ20

Weekly – Still in the weekly move down. Trade pressures are rising into the neutral zone. Volumes are neutral.

Daily – Flat. Stopped out of the long trade. Should have taken the 1.86 target as profit since the weekly is still in the downtrend. Trade pressures are down. Volumes are bullish.

The next target up is the same 1.86 target.

In a retracement down. Look for a trade pressure reversal to reenter the long trade. That will match up with the weekly trade pressures.

stops at the 1.51 lows.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLQ20

Weekly – Trending upward ans testing the downtrend resistance line. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up after breaking out from the upper median line. Trade pressures are up but reversing. Volumes are bullish.

A long entry is indicated, but wait for the hourly trade pressures to cycle down then up again creating the back test. The next target up is 44.07.

A close 39.60 would signal lower.

 

NAT GAS_ NGQ20

Weekly – Still in the long downtrend. Trade pressures are down but starting to reverse. Volumes are now neutral from the previous 10 weeks of bearish volumes.

Daily – Long. The 1.69 trigger has created a new long  entry and closed at 1.75. Trade pressures are up. Volumes are neutral.

Buy the 1.75 limit. The next target up is 1.86.

A close below 1.70 would signal a failure, and lower.

Use this 1.70 has the stop.

[7-6-20: Long @ 1.75. Stops at 1.75 now.]

[7-10-20: stopped out at the breakeven, 1.75.]

#crudeoilfutures #naturalgasfutures

CRUDE_ CLQ20

Weekly – Tracking just under the 200 week MA. Trade pressures are up. Volum es are bullish.

Daily – Flat. In the move up from the May 28.61 long entry. Trade pressures are down but reversing. Volumes are bearish.

the 25×5 is support at 37. The next target up is 44.07.

A close below the 25×5 MA would signal more retracement. but still in the move up. A close below 25.26 would signal a new short entry.

 

NAT GAS_ NGU20

Weekly – In the long move down since the 1Q19. Trade pressures are down. Volumes remain bearish.

Daily – Flat. In the move down from the November short entry at 2.64. Trade pressures are remain down. Volumes are bearish.

At the 1.59 down side target. The next target down is 0.49.

Know as the widow maker; unless you are on the correct side of the long term move.

No Trade.