CRUDE_ CLM18  #crudeoilfutures

Weekly – In the move up toward the 75.73 extended target. Trade pressures are up, but showing divergence. Volumes remain bullish.

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

Now consolidating at the 70.39 level.

The next target up is 75.70.

A close below 69.86 would signal lower.

 

NAT GAS_ QNM18  #naturalgasfutures

Weekly – Natural gas remains flat with no direction. Trade pressures are down into the neutral zone. Volumes are now neutral.

Daily – Flat. Trade pressures are up into the neutral zone. Volumes are now bullish.

No trade.

CRUDE_ CLM18  #crudeoilfutures

Weekly – In the move up off the upside 63.39 target level. Trade pressures are up. Volumes remain bullish.

Daily – Flat. In the move up from the 62.98 long entry level. Trade pressures are down into the neutral zone. Volumes are bullish.

The next target up is 70.38.

A close below 67.94 would signal lower.

 

NAT GAS_ QNM18  #natrualgasfutures

Weekly – Flat. Still in the narrow range. Trade pressures are down into the neutral zone. Volumes are bearish.

Daily – Flat. In a new uptrend but still within the range, Trade pressures are down. Volumes are bearish.

No Trade.

CRUDE_ CLM18  #crudeoilfutures

Weekly – Consolidating above the 63.39 level. Trade pressures are just up above the neutral zone. Volumes are bullish.

Daily – Flat. In the move up from the 62.98 level. Trade pressures are up but trending sideways. Volumes are bullish.

In consolidation at the 68.01 level. The next target up is 70.38.

A close below 67.47 would signal a retracement lower, perhaps to the 25×5 moving average at 66.01.

 

NAT GAS_ QNM18  #naturalgasfutures

Weekly – Walking sideways on the 25×5 moving average. Trade pressures are up. Volumes are neutral.

Daily – Flat. The attempt to move up thru the downtrend resistance line was rejected. Trade pressures are up. Volumes are bullish to bearish.

No Trade.

CRUDE_ CLM18  #crudeoilfutures

Weekly – Trading above the 63.39 prior level. Trading pressures are neutral. Volumes are bullish.

Daily – Flat. In the move up from the 63.84 entry on the second leg up. Trade pressures are up. Volumes are bullish.

Consolidating at the 67.12 upside target. The next target up is 69.59.

A close below 65.08 would signal lower.

 

NAT GAS_ QNM18  #naturalgasfutures

Weekly – Basing? Trade pressures are up. Volumes are bullish.

Daily – Flat. Have moved sideways and out of the downtrend channel. Trade pressures are back down into the neutral zone. Volumes are mixed, bearish to bullish.

Still under the downtrend resistance line. Need a close above the 2.81 level to get any new move up.

No direction. No trade.

CRUDE_ CLM18  #crudeoilfutures

Weekly – New contract. The Syrian issue caused a run-up in price. Trade pressures are up. Volumes are bullish and very strong – double the average contract volumes.

Daily – Flat. The long entry on the June contract was 64.00. Trade pressures are up. Volumes are bullish.

The move up went immediately to the first profit target of 67.47.

A close below 66.20 would signal lower. The May contracts roll mid week, so maybe some selling pressures.

 

NAT GAS_ QNK18  #naturalgasfutures

Weekly – The consolidation continues. Trade pressures are down.Volumes remain bearish.

Daily – Flat. The 2.60 level is the short entry level, but there has been no follow thru. Trade pressures are up into the neutral zone. Volumes are bullish.

No trades.

CRUDE_ CLK18  #crudeoilfutures

Weekly – Remains in the uptrend but forming a double top at 66.50. Trade pressures have turned down into the neutral zone. Volumes have changed from bullish to neutral.

Daily – Flat. In a pullback within the longer cycle move up from 62.65. Trade pressures are down. Volumes are bearish.

The uptrend support line is at 61.20. If the global growth theme revives, then perhaps look for a long entry off that level.

The next target down is 61.24, then 57.96.

 

NAT GAS_  QNK18  #naturalgasfutures

Weekly – Seven weeks of sideways movement. Trade pressures are down. Volumes are bearish.

Daily – Flat. In a move down, but with no follow thru. Trade pressures are just above the neutral zone and trending sideways.

Nothing to see here.

CRUDE_ CLK18  #crudeoilfutures

Weekly – Price was rejected at those prior highs. Trade pressures are up. Volumes are neutral.

Daily – Flat. Last weeks trade was sold for a profit at the projected 66.36 target. Trade pressures are up but rolling over. Volumes are mixed neutral to bullish.

In a retracement down. The 25×5 moving average is expected support at 62.25.

With the weekly and daily pressures both up, looking for another leg up off support, wherever that manifests itself.

A close above 65.75 would signal higher.

 

NAT GAS_ QNK18  #naturalgasfutures

Weekly – Moving sideways along a flat 25×5 moving average. Trade pressures are down. Volumes are bullish.

Daily – Flat. In the move down from the 2.68 short entry. Trade pressures are up, just rising above the neutral zone. Volumes are now bullish.

The next target down is 2.40.

Price stopped at the old 2.61 low pivot and the hourly has rallied.
A close above 2.87 could signal a new move up.

 

 

CRUDE CLK18  #crudeoilfutures

Weekly – A rally into the prior highs of Later  January. Trade pressures are up into the neutral zone. Volumes have changed from neutral to bullish. Back above the weekly 63.29 level.

Daily – Long. In  the move up from the 62.64 level. Trade pressures are up. Volumes are bullish.

The next target up is 66.36 and the 66.55 prior high. Take profits at these levels.

Raise the stop to 64.11, the Friday low.

A close below 63.97 would signal lower.

[3-25-18:  66.36 profit limit hit in the Sunday nite session.]

 

NAT GAS_ QNK18  #naturalgasfutures

Weekly – The January rally failed. The pullback has settled around the 25×5 moving average. Trade pressures are down. Volumes are bearish.

Daily – Flat. A new move down has been triggered inside the longer cycle move up. Trade pressures are down and extended. Volumes are bearish.

the 2.61 pivot is support. The next target down is that 2.61 and then the 2.40 downside target.

No trade unless the pivot is broken; or, we get a rally that fails.

CRUDE_ CLM18  #crudeoilfutures      [correct the contract, should have been CLJ18]

Weekly – retesting the Dec 2017 lows. Trade pressures are down and trending side ways. Volumes are bearish.

Daily – Flat. The short trade was stopped out at the 62.21 break-even. Trade pressures are up. Volumes are now bullish.

The Friday break above the 25×5 needs some confirmation; a close above the older 62.64 long  entry level.

The hourly is over-bot so watch for a recycle.

Support is at 58.74 the 25×5 moving average.

[3-20-18: traded thru the 62.64, buy on pullbacks. Set the stop at 60.01]

[3-20-18: Long at the close, 63.58. Set the stop at the 62.64 long entry.]

[3-21-18: next target up is 66.35.]

{3-23-18: Raise stops to the actual entry price of 63.58.]

 

NAT GAS_ QNJ18  #naturalgasfutures

Weekly – Moving along the 25×5 moving average. Trade pressures are up. Volumes are bearish.

Daily – Flat. In the move down from the 3.10 level. Trade pressures are down. Volumes are bearish.

The next target down is 2.53.

A close above the 2.83 long entry level would signal higher.

CRUDE_ CLJ18  #crudeoilfutures

Weekly – The 63.39 upside weekly target level is acting as Resistance. Trade pressures are down and trending. Volumes are neutral.

Daily – Short. The 62-63 level is acting as a pivot. In the move down from the 62.21 short entry level. Trade pressures are up into the neutral zone. Volumes are bearish and neutral.

The next target down is 58.93.
With the equity moves up, the stops have been lowered to break-even.

A close above 62 .64 would signal higher.

 

NAT GAS_ QNJ18  #naturalgasfutures

Weekly –  Three weeks of moving sideways. Trade pressures are up. Volumes are bearish to neutral.

Daily – Flat. Trade pressures are up. Volumes are bullish to neutral.

A close above 2.83 would signal higher.