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CRUDE_ CLF20

Weekly – In the downtrend. Trade pressures are rising in the neutral zone. Volumes remain bullish.

Daily – Flat. At the 61% target in the move up form the October 54.42 long entry level. Trade pressures are up and extended. Volumes are bullish.

The next target up is the prior high at 63.35.

With the extended trade pressures a pull back is likely. A close below 56.98 would signal lower.

 

NAT GAS_ NGF20

Weekly – Remains in the down trend. Trade pressures are down and extended. Volumes are neutral.

Daily – Flat. In the move down. Trade pressures are down but have turned higher. Volumes are bearish.

The next target down is 2.14.

A close above 2.42 would signal a new long entry.

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CRUDE_ CLF20

Weekly – In the downtrend. Trade pressures are down. Volumes are bullish.

Daily – Short. In the move up and in an uptrend. Trade pressures are now down. Volumes are bearish.

The drop below 55.70 has triggered a new short entry.

The next target down is 52.66.

A close above 58.00 would signal higher.

Use 58.00 as the short stop.

 

NAT GAS_ NGF20

Weekly – Efforts to get price above the downtrend resistance line at 2.90 have failed. Trade pressures are down. Volumes are bearish.

Daily – Flat. The daily long trade entry was stopped out immediately at the 2.55 low pivot. Trade pressures are down. Volumes are bearish.

The 2.40 target level and the October low pivot were breached with the wide bar down on Friday.

The next target down is 2.06.

A close above 2.40 would signal higher.

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CRUDE_ CLH20

Weekly – Still in the downtrend but rising. Trade pressures are up. Volumes are bullish.

Daily – Flat in the move up from the 54.42 entry. Trade pressures are in the neutral zone. Volumes are bullish.

The next target up is 59.17.

A close below 53 75 would signal lower.

 

NAT GAS_ NGH20

Weekly – Stuck between 2.50 and 3.00. Trade pressures are down into the neutral zone. Volumes are bullish.

Daily – Long. In the move up from the 2.69 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 2.90.

A close below the 2.55 low pivot would signal lower.

Set the stop at the 2.55 pivot.

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CRUDE_ CLZ19

Weekly – In a retracement move up inside the downtrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 54.42 long entry price. Trade pressures are up. Volumes are bullish.

The next target up is 57.65., Then 59.14.

A close below 54.00 would signal lower. Set the stops at the entry price.

 

NAT GAS_ NGZ19

Weekly – In the downtrend and basing. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move down from the 2.76 short entry level. Trade pressures are down but rising. Volumes are bearish.

The next target down is 2.56.

A close above 2.70 would signal higher.

Set short stops here at the 2.70.

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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.

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CRUDE_ CLZ19

Weekly – In the down trend. Trade pressures are up. Volumes are bearish.

Daily – Flat. Touched the short entry but immediately rallied. Trade pressures are down. Volumes are bullish.

The rally on Friday takes price to near the resistance lines.

The next target up is 56.92.

The next short entry is 53.98. [11-6-19: Revised short entry upward to 54.98]

 

NAT GAS_ NGZ19

Weekly – Feels like a bottom in the weekly. Trade pressures are up. Volumes are bullish.

Daily – Flat. The 2.50 new long entry was successful, now overbot. Trade pressures are up and extended. Volumes are bullish.

The next target up is 2.75. [11-6-19: well past 2.75, now 3.01]

A close below 2.60 would signal lower and acts as a stop for the long trade.

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CRUDE_ CLZ19

Weekly – Appears to be putting in a triple bottom. Trade pressures are up. Volumes are bearish.

Daily – Flat. In the move up from the 54.31 long entry. Trade pressures are up. Volumes are bullish.

Weekly pressures up and daily at resistance, looking for a short daily pullback at these levels and then to resume the move up.

The next target up is 57.54.

A close below 54.13 would signal lower.

 

NAT GAS_  NQZ19

Weekly – In the down trend. Trade pressures are down but turning up. Volumes are bearish.

Daily – Flat. Still in the move down, but attempting the new long entry at 2.50. Trade pressures are up. Volumes are bearish.

The next target down is 2.19.

A close above 2.50 would signal higher.

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CRUDE_ CLZ19

Weekly – The inventory draw-down had no real effect. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move up from the 54.31 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 57.54.

A close below 52.61 would signal lower.

 

NAT GAS_ NGX19

Weekly – In the downtrend. Trade pressures are down but rising. Volumes are neutral.

Daily – Flat. In the downtrend also. Trade pressures are up and extended. Volumes are bullish.

The next long entry up is 2.35.

The nxt target down is the prior low at 2.18.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLX19

Weekly – has fallen back to the up trend support line. Trade pressures are in the neutral zone. Volumes are bearish.

Daily – Flat. In the move down off the the breakdown from the spike highs. Trade pressures are down. Volumes are now neutral.

The next target down is 50.23.

A close above 54.20 would signal higher.

 

NAT GAS_ NGX19

Weekly – Remains in the downtrend. Trade pressures are in the neutral zone. Volumes are bullish.

Daily – Flat. In the move down. Trade pressures are down but rising. Volumes are bullish.

The next target down is 2.16.

A close above the nearby 2.37 level would signal higher.

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CRUDE_ CLX19

Weekly – Still retreating from the spike after the Saudi fire. Trade pressures are in the neutral zone. Volumes are neutral.

Daily –  Flat. In the move down from the 60.50 short entry. Trade pressures are down. Volume are bearish.

The next target down is 52.58.

A close above 57.80. [10-2-19: A close above 55.22. would signal higher.]

 

NAT GAS_ NGX19

Weekly – Second week down / Trade pressures are rising in the neutral zone.Volumes are neutral.

Daily – Flat. in the new move down from the 2.62 entry price. Trade pressures are down. Volumes are bearish.

The next target down is 2.29.

A close above 2.54 would signal higher.

[10-2-19: at the 2.29 downside target. A close above 2.40 would signal higher.]