CRUDE_ CLG18  #crudeoilfutures

Weekly – Remains in the uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In a retracement down from the move move up from the 51.06 level to the 59.75 target area. Trade pressures are up. Volumes are bullish.

A close below 56.00 would signal lower.

A close above 58.77 would signal higher.

 

NAT GAS_ QNG18  #naturalgasfutures

Weekly – Still a weather market. The warmer season in the northeast controls. Trade pressures are sown. Volumes are bearish.

Daily – Flat. In the move down to the 2.64 level. Trade pressures are down and trending. Volumes are now neutral.

No trade here.

CRUDE_ CLF18  #crudeoilfutures

Weekly – In  two week pullback. Trade pressures are up. Volumes are bullish.

Daily – Flat. In a retracement down to the 25×5 moving average. Trade pressures are up, rising thru the neutral zone. Volumes have changed from bearish to neutral.

The next target down is 54.05.

A close above 58.77 is required to get a new upmove started.

 

NAT GAS_ QNF18  #naturalgasfuturues

Weekly – Down Hard. Trade pressures are down thru the neutral zone. Volumes are still bearish.

Daily Flat. At the 2.79 downside target. Trade pressures are down. Volumes are bearish.

No trade here.

Need a close above 2.85 to signal a new move up.

CRUDE_ CLF18  #crudeoilfutures

Weekly – In the move up after the break above 55.24. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up and approaching the extended target. Trade pressures are up but showing  divergences. Volumes are bullish.

The next target up is 59.71.

A close below 55.08 would signal lower.

 

NAT GAS_ QNF18  #naturalgasfutures

Weekly – Downtrend continues. Trade pressures are down into the neutral zone. Volumes are still bearish.

Daily – Flat. In a move up from the 3.00 long entry level. Trade pressures are up but declinging. Volumes are neutral.

The next target up is 3.29.

A close below the 2.90 pivot would restart the move down.

 

CRUDE_ CLH18  #crudeoilfutures

Weekly – The retracement stopped at the short term moving average. trade pressures are up. volumes remain bullish.

Daily – Flat. The retracement move down stopped at the the two prior upside targets, 55.70 and 55.80. Trade pressures are now up and rising again. Volumes have returned to bullish.

The next target up is 59.71.

Any stops would be at the 55.50 level.

 

NAT GAS_ QNH18  #natgasfutures

Weekly – The decline continues. Trade pressures are up but declining and near the neutral zone. Volumes have returned to bearish.

Daily – Flat. Thanksgiving week was a complete rout. Trade pressures are down. Volumes decidedly bearish.

No trades.

CRUDE_ CLH18  #crudeoilfutures

Weekly – New contract. In the uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from 51.01. Trade pressures are up but declining near the neutral zone. Volumes have changed to bullish.

The next target up is 59.71.

The retracement inside this move up was triggered by a close below 55.68 and looks to have the potential to go to 52 .

A close back above the 58.11 high pivot would signal a resumption of the move up.

 

NAT GAS_ QNZ17  #naturalgasfutures

Weekly – Remains in the downtrend. Trade pressures are up. Volumes are again bearish.

Daily – Flat. After a rally to 3.23 a new short signal was triggered at 3.09. Trade pressures are down into the neutral zone. Volumes are bearish.

The next target down is 2.95.

A close above 3.13 would signal higher.

Be careful with this volatility.

 

CRUDE_ CLZ17  #crudeoilfutures

Weekly – In the breakout of the 54.53 resistance level. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 50.83 long entry level. Trade pressures are and beginning to look extended. Volumes remain bullish.

The next target up is 59.52.

A close below 55.52 would signal lower.

 

NAT GAS_ QNZ17  #naturalgasfutures

Weekly – The second week of a rally signaled by a “hammer” bar the previous week. Trade pressures are up. Volumes have changed from bearish to bullish.

Daily – Flat. The 2.94 long entry was confirmed with a move up thru the 25×5 moving average. Trade pressures are up. Volumes are bullish.

The next target up is 3.22.

A close below 3.09 would signal lower.

CRUDE_ CLZ17  #crudeoilfutures

Weekly – A Break thru the overhead resistance with the close at 55.64 for the week. Trade pressures are up. Volumes remain bullish.

Daily – In the move up from the long entry price at 50.82. Trade pressures are up and extended. Volumes are bullish.

The next target up is 59.52.

A close below 53.36 would signal lower.

 

NAT GAS_ QNZ17  #naturalgasfutures

Weekly – Remains in the move down. Trade pressures are down. Volumes are bearish.

Daily – Flat. Definitely a weather market. Trade pressures are down but rising. Volumes are bearish to neutral.

A new long entry is 2.94, but because the weekly remains in the move down, it is a contra-trend trade. So, Pass.

The next target up is 3.03.

Stops at the 2.84 lows.

CRUDE_ CLZ17  #crudeoilfutures

Weekly – Up against the 55 overhead resistance. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 50.82 long entry on this new contract. Trade pressures are up. Volumes are bullish.

Thru the 53.22 first target. The next target up is the series from 54.45 to 55.63.

A close below 51.80 would signal lower.

 

NAT GAS_ QNZ17  #naturalgasfutures

Weekly – Remains in the downtrend. Trade pressures are down. Volumes are back to bearish.

Daily – Flat. In a move up from the 3.02 level. Trade pressures are down. Volumes have returned to bearish.

No. Trade, the daily ranges exceed the projected targets.

CRUDE_ CLZ17  #crudeoilfutures

Weekly – Rising inside the long downtrend. Trade pressures are up but declining. Volumes are now bullish.

Daily – Flat. In the move up from the 50.69 long entry level. Trade pressures are up but declining. Volumes are bullish.

The next target up is 53.26.

A close below 50.38 would signal lower.

 

NAT GAS_ QNZ17  #naturalgasfutures

Weekly – Volumes are in a slow uptrend. Trade pressures are down. Volumes are now bullish.

Daily – Flat. A spike down at the bottom near the 2.745 down side target. Trade pressures are down. Volumes are now neutral.

A close above 2.86 could signal higher.

The next target down is still the 2.745 level.

CRUDE_ CLX17  #crudeoilfutures

Weekly – Three weeks of a rally then a week of profit taking and now another bullish week. Trade pressures are up but in decline. Volumes are bullish.

Daily – Flat. In the move up from the new long entry level at 50.68. Trade pressures are up. Volumes are now bullish.

The next target up is the recent pivot high of 52.86, then just beyond that another level at 53.26.

A close below the 25×5 at 50.71 would signal lower.

 

NAT GAS_ QNX17  #naturalgasfutures

Weekly – Remains in the persistent downtrend. Trade pressures down. Volumes have changed from bearish to bullish.

Daily –  Flat. In the move up from the 2.92 level. Trade pressures are in the neutral zone. Volumes are Bullish.

The 25×5 moving average and the 3.01 target level are acting as resistance.

The next target up is 3.09.

Again, the daily trading ranges are larger than the distances to the target levels; too much trading risk.