CRUDE_ CLU18  #crudeoilfutures

Weekly – In the second pullback to the 25×5 moving average of equal length. Trade pressures are down into the neutral zone. Volumes remain neutral.

Daily – Flat. Took the profit stop in the previous contract for a nice gain. Trade pressures are down. Volumes are now bulish.

The next target down is 66.06.

A close above 68.91 would restart the move up. That level is nearby. However, the 25×5 moving average resistance is also at that level and the hourly is overbot, so further analysis is required to take the trade.

 

NAT GAS_ QNQ18  #naturalgasfutures

Weekly – Below the 25×5 moving average, a bearish position. trade pressures are dwon. Volumes are bearish.

Daily – Flat. In the move down from the 2.99 level. The next target down is 2.66. Trade pressures are down and trending. Volumes are mixed, bullish to bearish.

A close above 2,94 could signal higher.

 

CRUDE_ CLQ18  #crudeoilfutures

Weekly – Second week of the pullback from 75.73. Trade pressures are still up. Volumes are now neutral.

Daily – Short. The move down thru the 73.00 short entry mid week started the new move down. Trade pressure are up but down near the neutral zone. Volumes are neutral.

The next target down is 69.58.

A close above 72.64 would signal higher once again.

This is a retracement in the uptrend.

Use 72.64 as the stop.

[Lower the stops to 70.38]

[7-18-18: close out the August contract at 68.14]

 

NAT GAS_ QNU18  #naturalgasfutures

Weekly – 3 weeks down. Trade pressures are down into the neutral zone. Volumes are bearish.

Daily – Flat. In the move down from the 2.99 short entry. Trade pressures are down and trending. volumes are bearish.

The next target down is 2.66.

A close above 2.83 would signal higher.

CRUDE_ CLQ18  #crudeoilfutures

Weekly – Pausing near the weekly upside target of 75.73. Trade pressures are up. Volumes are bulish.

Daily – Flat. Consolidating at the 74.81 upside target level. Trade pressures are up and extended. Volumes were mixed bearish to bullish at the close of the week.

The next target up is 75.70 and then 78.27.

A close below 73.00 would signal a retracement trade down of this move up. This would be a counter-trend trade, so tight stops if it happens.

 

NAT GAS_  QNQ18  #naturalgasfutures

Weekly – In a pullback after reaching the 3.00 level. Trade pressures are down into the neutral zone. Volumesa re bearish.

Daily – Flat. In the retracement move down from the 2.90 short entry level. Trade pressures are down. Volumes are bearish.

At the confluence of the 2.81 (100%) target and the uptrend support line. The next target down is 2.66.

A close above the 2.90 would signal a new move up.

 

CRUDE_ CLQ18  #crudeoilfutures

Weekly – Second week of the rally off the 25×5 moving average support. Trade pressures are up into the neutral zone. Volumes remain bullish.

Daily – Flat. The long trade was stopped out with a n ice quick 4 day move. Trade pressures are up. Volumes are bullish.

The next target up is 74,81 on the daily and 75.73 on the weekly.

A close below 72.27 would signal lower.

 

MAT GAS_ QNQ18  #naturalgasfutures

Weekly – The 3.02 level is acting as resistance. Trade pressures are up and trending. Volumes are now bearish.

Daily – Flat. In the move up from the 2.74 level. Trade pressures are down inthe neutral zone. Volumes are neutral.

The next target up is 3.07.

A close below the 2.90 would signal lower.

CRUDE_ CLQ18  #crudeoilfutures

Weekly – after four weeks in a move down Crude rally’s into the close of the week. Trade pressures are up into the neutral zone. Volumes are bullish.

Daily – Long. The 66.56 long entry was triggered in the pre-markets. Trade pressures are up. Volumes are bullish.

The next target up is 70.68.

A close below the 67.41 and the 25×5 moving average at 67.15 would signal lower.

Use 67.41 as the stop.

72.69 is the prior high, use that level as the profit stop.

[6-27-18: the 73.06 high for the day triggered the profit stop at 72.69, for a nice profit for the week.]

 

NAT GAS_ QNQ18  #naturalgasfutures

Weekly – testing the 3.02 upside weekly target level. Trade pressures are up. Volumes are now bearish.

Daily – Flat. Sitting on the 25×5 support level. Trade pressures are in the neutral zone. Volumes are bearish.

The 2.90 short entry level has been touched. The next trade thru would activate the short trade.

The next target down 2.66.

A close above the 3,05 prior high would signal a new long trade.

CRUDE_ CLQ18  #crudeoilfutures

Weekly – In the fourth week of the pullback. Trade pressures are down. Volumes remain bearish.

Daily – Flat. Still in the move down from the 70.54 short entry. Trade pressures are down but have turned up. Volumes are mixed bullish to bearish.

Now consolidating at the 64.10 downside target. The next target down is 58.79.

The new long entry is 66.77 and has been touched; but need confirmation with the trade pressures.

 

NAT GAS QNN18  #naturalgasfutures

Weekly – A stealth rally? Trade pressures are up. Volumes remain bullish.

Daily – Flat. In the move up from the 2.74 entry. Trade pressures are up. Volumes are bullish.

The next target up is 3.07.

A close below 2.90 would signal lower.

 

CRUDE_ CLN18  #crudeoilfutures

Weekly – Stopped short of the weekly upside target. Trade pressures are now down. Volumes remain bearish.

Daily – Flat. Now at the downside target at 64.31. Trade pressures are down and extended. Volumes are bearish.

The next target down is 59.00.

In a retracement up after the move down to target. The next long entry is at 66.77 with a 70.89 first target.

 

NAT GAS_ QNN18  #naturalgasfutures

Weekly – The move up has taken natural gas from the 2.7’s to the 2.9’s. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 2.74 long entry level to the 2.92 target. Trade pressures are down but rising to the neutral zone. Volumes remain bearish.

Confusing? No trades.

CRUDE_ CLN18  #crudeoilfutures

 

Weekly – testing the uptrend support line. Trade pressures are down into the neutral zone. Volumes remain bearish.

Daily – Flat. The short trade is still in place. Trade pressures are down. Volumes are bearish.

The short trade entered at 70.37 was stopped out at the 68.35 new long entry.

Price immediately returned to the move down and is now on the second leg down. The next target down is 64.23

A close above 68.67 would signal a new move up.

If, Short, use this level as a stop for the move down.

 

NAT GAS_ QNN18  #naturalgasfutures

Weekly – Still in the longer term move up. A good break out to new quarterly highs. Trade pressures are up. Volumes are very light and neutral.

Daily – Flat. In the move up from the 2,74 long entry. Trade pressures are up and trending. Volumes are bullish.

Now at the expected targets.

The wide ranging bars preclude any meaningful trades.

CRUDE_ CLN18  #crudeoilfutures

Weekly – Looking for the weekly upside target of 75.73. Trade pressures are up. Volumes have changed from bullish to bearish.

Daily – Short. The 70.37 short entry level was triggered Thursday. Trade pressures are down into the neutral zone. Volumes are bearish.

Friday closed at the next target of 67.59. Move the stop to the short entry level of 70.37.

The next target down is 64.31.

A close above 70.02 would signal higher.

[5-29-19: lower the stop to the new long entry at 68.35.]

 

NAT GAS_  QNN18  #naturalgasfutues

Weekly – The first breakout to the upside in 12 weeks. Trade pressures are up. Volumes are bullish.

Daily – Flat. Tuesday broke above the upside resistance line at 2.88. Trade pressures are up and extended. Volumes are bullish.

At the 2.92 target. The next target up is 3.07.

Can’t trade as the volatility exceeds the target levels.

CRUDE_ CLN18  #crudeoilfutures

Weekly – Grinding toward the 75.73 upside target. trade pressures are up. Volumes remain bullish.

Daily – Flat. In the move up from the 63.83 level. Trade pressures are up. Volumes have changed from bullish to neutral.

The move thru the 70.39 target level has produced some consolidation. The next level up is 75.70.

A close below the 70.35 level would signal lower.

 

NAT GAS_ QNM18  #naturalgasfutures

Weekly – Directionless move to the right. Trade pressures are now up. Volumes are bullish.

Daily – Flat. Trade pressures are up and extended. Volumes are bullish.

No trade levels.