#crudeoilfutures #naturalgasfutures

CRUDE_ CLJ20

Weekly – down thru the Dec 2019 lows. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. In the second leg down from the 50.80 short entry. Trade pressures are down and extended. Volumes are bearish.

The next target down is 41.

A close above 47.03 would signal higher.

[3-2-20: Long at the 46.50 new long entry. Stops at 44.82.] {

[3-3-20: Sell @47.97. rate cut spooks market.]

 

NAT GAS_ NGJ20

Weekly – Continuing the 2019 move down. Trade pressures are rising into the neutral zone. Volumes are bearish.

Daily – Flat. In the move down form the 2.18 short entry. Trade pressures are down. Volumes are bearish.

The next target down is 1.56.

A close above 17.81 would signal higher.

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CRUDE_ CLj20

Weekly – Two weeks up off the lows. Trade pressures are rising thru the neutral zone. Volumes are bullish.

Daily  -Flat. In the move up from the 53.21 long entry level. Trade pressures are down. volumes are bullish.

Enter on the next bullish reversal of the trade pressures. The next target up is 56.84.

A close below 51.24 would signal lower.

 

NAT GAS_ NGJ20

Weekly – Still in the move down from the 2.28 short level. Trade pressures are rising into the neutral zone. Volumes remain bearish.

Daily – Flat. In the new move up. Trade pressures are down. Volumes are bearish.

enter after a bullish reversal of the trade pressures. The next target up is 2.11.

A close below 1.76 would signal lower.

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CRUDE_ CLJ20  Contract rolled.

Weekly – Sitting on the lows, but a week of a move up. Trade pressures are down but making a bullish reversal. Volumes are neutral.

Daily – Flat. Forming a base off the 49.50 lows. Trade pressures are up. Volumes are bullish.

A close above the 52.61 level would signal a new move up.

A close below 50. 21 would signal a resumption of the move down.

 

NAT GAS_ NGH20

Weekly – Still in the move lower. Trade pressures are down. Volumes remain bearish.

Daily  – Flat. trying to move up Trade pressures are up but showing a bearish reversal. Volumes are neutral.

The next target down is 1.57.

A close above 1.92 would signal higher.

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CRUDE_ CLH20

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

Daily – Flat. Consolidating around the 49.34 low pivot. Trade pressures are down but rising. Volumes remain bearish.

The next target down is 43.92.

A close above 52.94 would signal higher.

 

NAT GAS_ NGH20

Weekly – Bullish close. Trade pressures are down. and trending. Volumes are bearish.

Daily – Flat. Seems ready for a retracement move up is this long downtrend. Trade pressures are up. Volumes are bearish.

The next target down is 1.69.

A close above 1.95 would signal higher.

 

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CRUDE_ CLH20

Weekly – In the move down but at support levels.Trade pressures are down. Volumes are bearish.

Daily – Flat. At downside target levels and testing the prior lows. trade pressures are down but showing some divergences. Volumes are bearish.

The next target down is 47.91.

A close above 54.12.

 

NAT GAS_ NGH20

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

Daily – Flat. Trade pressures are down. Volumes are bearish.

The next target down is 1.666.

The 180 min chart has signaled a new long. A daily close above 1.94 will signal higher.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLH20

Weekly – Three weeks down. Trade pressures are down. Volumes are bearish.

Daily – Flat. Stopped out at the 59.06 stop for a small profit. Trade pressures are down. Volumes are bearish.

The next target down is 53.51.

There are multiple targets clustered between 54.70 and 51.50 and could act as support. A close above 57.28 would signal higher.

 

NAT GAS NGH20

Weekly – In a steady decline from the spike of October ’18. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the second short entry at 2.18. Trade pressures are down but rising. Volumes are bearish.

At the 1.88 downside target. The next target down is 1.57.

A close above 1.98 would signal higher.

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CRUDE_ CLH20

Weekly – In the correction after the spike above 65. Trade pressures are down. Volumes are bearish.

Daily – Short. In the move down from 63.07. Entered the trade at 61.22 (CLG20). Trade pressures are rising into the neutral zone. Volumes are neutral.

The next target down is 64.69.

A close above 61.00 would signal higher.

The CLG20 short trade stops are 59.06. Lower those stops to market on the sunday nite open and exit the trade.

[1-19-20: out of the trade at the 59.35 open.]

 

NAT GAS_ NGG20

Weekly – Hard down. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the short  move from the 2.20 level. Trade pressures are down. Volumes are bearish. The next target down is 1.89.

A close above 2.12 would signal higher.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLG20

Weekly – At resistance. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 54.35 October entry price. Trade pressures are up. Volumes are bullish.

The next target up is 64.04.

A close below 61.22 would signal lower.

[1-8-20: short from the 61.22 level. Set the stops at 62.00]

[1-9-20: Lower Buy stops to 60.52.]

[1-14-20: Lower buy stops to 59.06. set a profit buy limit at 56.00]

 

NAT GAS_ NGG20

Weekly – Six weeks of a move down. Trade pressures are down. Volumes are two weeks bearish.

Daily – Short. In the move down from the 2.20 new short entry. Trade pressures are down. Volumes are bearish.

The next target down is 2.14.

A close above 2.39 would signal higher.

[1-7-20: Lower stops to 2.20, the entry price.]

[1-8-20: Take profits at 2.105]

[1-12-20: Stopped out at the 2.20 level.]

#crudeoilfutures #naturalgasfutures

CRUDE_ CLG20

Weekly – Three weeks up. Trade pressures are up. Volumes are bullish.

Daily – Flat. 14 days up. Trade pressures are up but declining. Volumes are now neutral.

The next target u[p is 62.49.

At price extension targets , looking for a pullback. A close below 58.36 would signal lower.

[12-24-19: raise the new short entry to a close below the prior week’s low of 60.02.]

 

NAT GAS_ NGF20

Weekly -In the down trend. Trade pressures are down but rising. Volumes are neutral for 3 weeks.

Daily  – Long. In the second move up from the 2.30 long entry. Trade pressures are up. Volumes are bullish.

The next target  up is 2.44.

A close below 2.18 would signal lower.

Set the stops at the 2.18 level.

[12-24-19: stopped out for a loss at the 2.18 level.]

#crudeoilfutures #naturalgasfutures

CRUDE_ CLF20

Weekly – A rally in the long downtrend. Trade pressures are up. Volumes are bullish. resistance at 62.68.

Daily – F lat. Trending up. Trade pressures are up. Volumes are bullish. In the move up from the October 54.42 long entry. The next target up is 64.11.

A close below 57.61 would signal lower.

 

NAT GAS_ NGF20

Weekly – Broke the lows. Trade pressures are down and trending. Volumes aree neutral.

Daily – Long. In the new move up from the 2.30 entry price. Trade pressures are up into the neutral zone. Volumes are bearish.

The next target up is 2.44. Trading against the weekly so, tight stops.

A close below the prior low at 2.16 would signal lower and act as the stop.

[12-16-19: Raise stops to 2.28.]

[12-18-19: Stopped out overnight.]