CRUDE_ CLN18  #crudeoilfutures

Weekly – The 63.39 level is acting as resistance. Trade pressures are down. Volumes are neutral.

Daily – Flat. The long trade was stopped out by the new short entry at 62.21. Trade pressures are down. Volumes are bearish.

Look for a reversal of the hourly pressures up to put the short position on. The next target down is 58.93.

A close above 62.64 would restart the move up.

[3-7-18: the Hourly reversal and short entry occurred 3-6-18. Lower stops to the 62.21 short entry.]

 

NAT GAS_ QNJ18  #naturalgasfutures

Weekly – Fell below the 25×5 moving average three weeks ago and has not recovered. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. In the move down from the 3.08 level. Trade pressures are down but rising. Volumes are bullish.

Now at the 2.53 target level. The next target down is 2.38.

A close above 2.83 would signal higher.

CRUDE_  CLJ18  #crudeoilfutures

Weekly – Consolidating at the 63.39 weekly level. Trade pressures are down. Volumes are neutral.

Daily – Long. Thursday closed above the 63.64 long entry level. Trade pressures are up. Volumes are bullish.

The next target up is the 66.49 high pivot.

A close below 61.70 would signal lower.

Set the stop at 61.70.

 

NAT GAS_ QNJ18  #naturalgasfutures

Weekly – consolidating below the 25×5 moving average at 2.65. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 3.08 short entry. Trade pressures are down. but rising. Volumes are bullish.

The next target down is 2.38.

A close above 2.83 would signal higher.

CRUDE_ CLH18  #crudeoilfutures

Weekly – In retracement from the upside target at 63.39. Trade pressures are down. Volumes have changed from bearish to neutral.

Daily – Flat. Out of the short trade, now in retracement toward the 62.64 new long entry. Trade pressures are down but rising. Volumes are now bullish.

The next target down is 56.64.

The next target up is the new long entry, then the prior high at 66.49.

 

NAT GAS_ QNH18  #naturalgasfutures

Weekly – In the third week of the pullback form the downtrend resistance line. Trade pressures are down. Volumesa re mixed neutral to bearish.

Daily – Flat. In the move down from the 3.04 short entry level. Trade pressures are down. Volumes are bearish.

The next target down is 2.34.

A close above 2.77 would signal higher.

CRUDE_ CLH18  #crudeoilfutres

Weekly – The 63.39 upside target was reached but failed to act as support. Trade pressures are down. Volumes have changed from bullish to bearish.

Daily – Short. In the move down from the 62.83 short entry. Trade pressures are down. Volumes are bearish.

The next target down is 56.64.

A close above 62.81 would signal higher.

Set the stops at this 62.81

[2-11-18: lower stops to the hourly downtrend resistance line at 60.76.]

[2-12-18: stopped out in the overnight session.]

 

NAT GAS_ QNH18  #naturalgasfutures

Weekly – The move up was stopped by the downtrend resistance line. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the short entry at 3.04 and thru the first target of 2.69. Trade pressures are down. Volumes are bearish.

The next target down is 2.34.

A close above 2.82 would signal higher.

CRUDE_ CLH18  #crudeoilfutures

Weekly – consolidating above the 63.39 weekly level. Trade pressures remain up and trending. Volumes are bullish.

Daily – Flat. In the move up from the 58.85 long entry level. Trade pressures are up but declining to near the neutral zone. volumes are bullish.

The next target up is 68.35.

A close below 62.83 would signal lower.

 

NAT GAS_ QNH18  #naturalgasfutures

Weekly – The weekly downtrend resistance line has stopped the move up. Trade pressures are up and extended. Volumes have changed from bullish. to bearish.

Daily – Flat. In the new move down from the 3.04 short entry. Trade pressures are up but declining. Volumes are bearish.

The hourly is oversold , so wait for a retracement move up to enter the short trade.

The next target down is 2.60.

CRUDE_ CLH18  #crudeoilfutures

Weekly – The move up continues. Trade pressures are up and trending. Volumes are bullish.

Daily – Flat. In the move up from the 58.86 level. Trade pressures are up but showing some divergence. Volumes remain bullish.

The next target up is 68.35.

A close below 64 48 would signal lower.

 

NAT GAS_ QNH18  #naturalgasfutures

Weekly – thru the 2.94 weekly upside level. and now testing the downtrend resistance. Trade pressures are up and extended. Volumes are bullish.

Daily – Flat. In the move up[ and at the 3rd target level. Trade pressures are up and extended. volumes are bullish but declining.

The next target up is the weekly 3.44.

A close below 2.98 would signal lower.

CRUDE_ CLH18  #crudeoilfutures

Weekly – The break above the 63.39 level has started consolidation. Trade pressures are up and trending. Volumes are bullish.

Daily – Flat. Some retracement is expected off the weekly levels and the daily 63.60 level. Trade pressures are up but turning down. Volumes are still bullish.

The next target up is 68.35.

A close below 62.28 would setup a retracement to the 60 level.

 

NATGAS_ QNH18  #naturalgasfutures

Weekly – At the 25×5 moving average resistance. Trade pressures are up. Volumes are bullish.

Daily – Flat. At the 3.28 upside target. Trade pressures are up. Volumes are bullish.

The next target up is the 3.32 pivot high.

A close below 3.10 would signal lower.

CRUDE_ CLG18  #crudeoilfutures

Weekly – Continuing the bull move off the July lows. Trade pressures are up and trending. Volumes are bullish.

Daily – Flat. In the new move up from the 58.85 long entry. Trade pressures are up and trending. Volumes have changed from bearish to bullish.

The next target  up is 68.35.

A close below 61.24 would signal lower.

 

NAT GAS_ QNG18  #naturalgasfutures

Weekly – Rallied up thru a weekly long entry. Trade pressures are up. Volumes are now bullish.

Daily – Flat. In the move up from the 2.87 long entry level. Trade pressures are up. Volumes are bullish.

The next target up is 3.28.

A close below 3.03 would signal lower.

CRUDE_ CLG18  #crudeoilfutures

Weekly – Three week move is near the weekly 63.39 target. Trade pressures are up and trending. Volumes are bullish.

Daily – Flat. In the move up from the 58.77 long entry. Trade pressures are extended. Volumes have changed from bullish to bearish.

The next target up is 63.55.

A close below 59.21 would signal lower.

 

NAT GAS_ QNG18  #naturalgasfutures

Weekly – Remains in the downtrend. Trade pressures are rising into the neutral zone. Volumes have returned to bearish.

Daily – Flat. The move up from the the 2.65 entry and to the 2.94 upside target has failed to move the the 3.18 target. Trade pressure are up but declining to the neutral zone. Volumes are bearish.

The next target up is 2.94.

The move down thru the 2.97 level has started a new move down.

The next target down is 2.52.

CRUDE_ CLG18  #crudeoilfutures

Weekly – Beginning to move up off the consolidation level at 56. Trade pressures are up and trending. Volumes are bullish.

Daily – Flat. In the new move up from the 58.77 entry level. Trade pressures are up and extended. Volumes are bullish.

The next target up is 63.55.

A close below 57.48 would signal lower.

 

NAT GAS_ QNH18  #naturalgasfutures

Weekly – Year end rally. Trade pressures are down but rising. Volumes are now bullish.

Daily – Flat. In the move up from the 2.65 level. Trade pressures have risen into the neutral zone. Volumes are bullish.

The next target up is 3.18.

A close below 2.82 would signal lower.