Category: Energy

Oil & Gas

#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.

 

Oil & Gas

#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.

Oil & Gas

#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.

Oil & Gas

#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.

Oil & Gas

CRUDE_ CLN19

Weekly – Retesting the old weekly long entry at 51.70. Trade pressures are down into the neutral zone. Volumes are bearish.

Daily – Flat. Storage builds rising. Trade pressures are down. Volumes are bullish.

The next target down is 46.90.

A close above 56.06 would signal higher.

 

NAT GAS_ QNN19

Weekly – Continues the slow grind lower. Trade pressures are down. Volumes are bearish.

Daily – Flat. Consolidating at the 2.28 low target. Trade pressures are down but rising. Volumes are bullish.

The next taerget down is 2.28.

A close above 2.38 would signal higher.

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLN19

Weekly – Broke support and now in a new move down. Trade pressures are  down. Volumes are bearish.

Daily – Flat. The original 63.70 short is still in effect. Trade pressures are down. Volumes are bearish.

Moved sharply this week thru the 54.50 downside target  and the stopped at the 53.35 target.

The next target down is 51.56.

A close above 58.53 would signal a new move higher.

 

NAT GAS_ QNN19

Weekly – At the new lows of 2.44. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. Broke down thru the the 2.45 downside target. Trade pressures are down. Volumes are bearish.

The next target down is 2.41.

A close above 2.52 would signal higher.

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE CLN19

Weekly – Sharp pullback, but still in the uptrend. Trade pressures are down. Volumes are now bearish.

Daily – Flat. In the second leg down from the 62.41 short entry level. Trade pressures are down. Volumes are neutral.

Now at the 57.33 downside target; expect consolidation here.

A close above 61.67 would signal a retracement move up.

The next target down is 54.50.

A close above 62.81 would signal a new move up.

 

NAT GAS_ QNN19

Weekly – No change. In the flat consolidation move. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. The move up from the 2.55 was stopped at the 2.70 resistance level. Trade pressures are down. Volumes are mixed bullish to bearish.

In a new move down from the 2.58 level. the next target  down is 2.48.

A close above 2.65 would signal a retest of the 2.70 level and possibly higher.

 

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLN19

Weekly – Still in consolidation near the 65.24. Trade pressures are up but declining. Volumes are bullish.

Daily – Flat. In the move down form the 63.70 level. Trade pressures are up into the neutral zone. Volumes are bullish.

The next target down is Is 59.

The 60 minute pressures are nearing oversold. A close above 63.48 would signal higher.

 

NAT GAS_ QNN19

Weekly – Still consolidating at the 2.57 lows. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. Retraced up to the 2.70 resistance levels. Trade pressures are up. Volumes are bullish.

The next target up is 2.76.

A close below 2.55 would signal lower once again.

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM19

Weekly – Has pulled back to the MA within the uptrend. Trade pressures are up but turned down. Volumes are now bullish for the week.

Daily – Flat. In the move down from the 63.70 level. Trade pressures are down but rising. Volumes are still bearish.

The next target down is 59.00.

A close above 63.40 would signal higher.

 

NAT GAS_ QNM19

Weekly – No change . still basing at the lows. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. In the move down but showing some change. Trade pressures are up. Volumes are bullish.

The next target down is 2.24.

A retracement move up is started to test the downtrend line at 2.70.

A close above 2.98 would signal higher.

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM19

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

Daily – Flat. In the move down from the 63.70 short entry. Trade pressures are down. Volumes are bearish.

The next target down is 59.00.

A close above the 64.38 level would signal higher.

 

NAT GAS_ QNM19

Weekly – Approaching the 2017 lows. Trade pressures are down. Volumes are bearish.

Daily – Flat.  In the move down from the 2.65 short entry. Trade pressures are up into the neutral zone. Volumes are bullish.

The next target down is 2.24.

A close above 2.98 would signal higher.