#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.

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CRUDE_ CLU19

Weekly – Still in the 2019 long move up. Trade pressures are flat in the neutral zone. Volumes are bullish.

Daily – Flat. In the retracement move up from the 52.99 long entry. Trade pressures are up. Volumes are bullish.

The confluence of the 56.71 target and the median line stopped the trade. The next target up is 60.57.

A close below 54.93 would signal lower.

 

NAT GAS_ QNU19

Weekly – Stuck on the lows. Trade pressures are down but rising. Volumes are neutral.

Daily – Flat. In the retracement move up. Trade pressures are up. Volumes are bullish.

In the move up from the 2.12 level. The next target up is 2.25.

A close below 2.10 and the lower median line would signal lower.

 

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CRUDE_ CLU19

Weekly – In the move up from the 52.31 January long entry. Trade pressures are in the neutral zone. Volumes are bullish.

Daily – Long. The move down has reached the 51.07 short target. Now in a new retracement up. Trade pressures are down. Volumes are bullish.

The 52.04 level triggered the new long entry. The next target up is 55.57.

A close below the 50.52 low would signal a continuation of the move lower.

Move stops up to the entry price at the earliest.

 

NAT GAS QNU19

Weekly – Continuing new intraday lows. Trade pressures are down. Volumes are bearish.

Daily – Flat. The 2.03 lows seem to be holding. Trade pressures are down. Volumes are bearish.

The next target down is 1.93.

A close above 2.13 would signal a new move up.

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Weekly – In consolidation with a bias lower. Trade pressures are neutral. Volumes are bearish.

Daily – Flat. In the move down from the 57.26 level. Trade pressures are down. Volumes are neutral.

The next target  down is 51.07.

A close above 56.11 would signal higher.

 

NAT GAS_ QNU19.

Weekly – Continues lower. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from 2.24. Trade pressures are down. Volumes are bearish.

The next target down is 2.03 .

A close above 2.15 would signal higher.

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CRUDE CLU19

Weekly – A flat week this prior week. Trade pressures are neutral. Volumes are also neutral.

Daily – Short. In the short trade from the 57.03 short entry price. Trade pressures are down. Volumes are bearish.

The next target down is 53.79.

A close above 57.37 would signal higher.

Set the stop at this 57.37.

[7-30-19: closed at the 57.37. stop for a loss.]

 

NAT GAS QNU19

Weekly – New lows . Trade pressures are down.  Volumes are bearish.

Daily – Flat. In the move down from the 2.34 short entry. Trade pressures are down. Volumes are bearish.

The next target down is 2.03.

A close above 2.17 would signal higher.

Set any stop to 2.18.

 

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CRUDE_ CLU19

Weekly – Headed for a retest of the prior long entry level at 52. Trade pressures are neutral Volumes are neutral.

Daily – Short. The close below 57.03 triggered the short entry. trade pressures are down. Volumes are bearish.

The next target down is 52.98.

A close above 53.39 would signal higher.

 

NAT GAS QNQ19

Weekly – Still basing. Volumes are neutral. Trade pressures are down but rising.

Daily – Flat. In the move down for the 2.38 short entry level. Trade pressures are down. Volumes are bearish.

The next target down is 2.23.

A close above the median line a 2.42 would signal higher.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLQ19

Weekly – Rising in the down trend. Trade pressures are in the neural zone. Volumes are bullish.

Daily – Flat. In the move up from the 56.17 level. Trade pressures are up. Volumes are now neutral.

The next target up is 64.80.

A close below 56.89 would signal lower.

 

NAT GAS_  QNQ19

Weekly – Off the lows for two weeks. Trade pressures are down but rising. Volumes are bullish.

Daily – Flat. In the move up from the 2.21 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 2.67.

A close below 2.36 would signal lower.

 

#crudeoilfutures #naturalgasfutures

CRUDE_ CLQ19

Weekly – In the down trend. Trade pressures are in the neutral zone. Volumes are bullish.

Daily – Flat. In the move up from the 56.31 long entry. Trade pressures are up but declining. Volumes are neutral.

The next target up is 64.20.

A close below 56.23 would signal lower.

 

NAT GAS_ QNQ19

Weekly – Remains in the downtrend. Trade pressures are down. Volumes are now bullish.

Daily – Flat. Remains in the downtrend, but in a retracement move up from the 2.19 long entry. Trade pressures are up. Volumes are bullish.

Testing the resistance line of the downtrend. The next target up is 2.49.

A close below 2.34 would signal lower.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLQ19

Weekly – A retest of the 51.00 level was a followed by a rally.Trade pressures are in the neutral zone. Volumes are bullish.

Daily – Flat.  After the trigger thru the 56.08 level then looking for the pullback to 56.64. Trade pressures are up. Volumes are bullish.

The next target up is 62.44.

A close below 55.98 would signal lower.

Set the stop to the entry price of 56.64.

 

NAT GAS_ QNQ19

Weekly – Remains in the down trend. Trade pressures are down. Volumes are now bullish.

Daily – Flat. In the new move up from the 2.19 level. Trade pressure are rising into the neutral zone. Volumes are bullish.

The next target up is 2.36.

A close below the 2,14 low would signal lower.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLQ19

Weekly- After reaching the 65 level, price pulled back to the prior long entry price at 51.17. Trade pressures are down into the neutral zone. Volumes are bearish.

Daily – Long. Also reacting to the WH-Iran mess. Trade pressures are up into the neutral zone. Volumes are bullish.

In the new move up[ from the 56.08 long entry. Look for a pull back to that price for a better entry.

The next target up is 62.44.

Initial stops will be at the 50.84 lows.

 

NAT GAS QNQ19

Weekly – Continues the drop to the 2.00 level. Trade pressures are down. Volumes are bearish.

Daily – Flat. The breakdown of the 2.28 level sends price sharply lower. Trade pressures are down. Volumes are now neutral.

The next target lower is 1.948.

A close above 2.19 would signal higher.