CRUDE_ CLN17  #crudeoilfutures

Weekly – Remains in the downtrend. Trade pressures are down but rising. Volumes have changed from neutral back to bearish.

Daily – Flat. The prior short trade was stopped out mid week, then the Friday loss validated the short call. Trade pressures are up but declining. Volumes have changed from bullish to bearish.

The new short level is 45.06 with a 41.17 downside target.

A close above 46.77 would signal higher.

 

NAT GAS_ QNQ17  #naturalgasfutures

Weekly – Remains in the downtrend. Trade pressures are down and rising. Volumes are now neutral.

Daily – Flat. In the move up from 2.98. Trade pressures are down into the neutral zone. Volumes are now bearish.

The next target up is 3.19.

The Downtrend resistance line has stopped the move up.

A close below 2.90 would signal a new move down.

CRUDE_ CLQ17  #crudeoilfutures

Weekly – Remains in the downtrend. Trade pressures are down but starting to rise. Volumes have changed to neutral.

Daily – Short. The 44.92 short entry has not shown any follow thru. Trade pressures are up. Volumes are now bullish.

Price has moved up thru the 25×5 moving average which is bullish.

The trade stop is 47.32.

The next down side target remains 41.03.

[7-19-17: stopped out for a loss.]

 

NAT GAS_ QNQ17  #naturalgasfutures

Weekly – Months long downtrend. Trade pressures are down but rising. Volumes have changed from bearish top neutral.

Daily – Flat.  The 2.8250 low is looking like a double bottom. Trade pressures are up into the neutral zone. Volumes have changed to bullish.

The 2.98 is the new long entry, but the neutral trade pressures  and resistance at the 25×5 moving average are suggesting to wait.

CRUDE_ CLQ17  #crudeoilfutures

Weekly – The down trend continues. Trade pressures are down. Volumes have changed from bullish.to neutral.

Daily – Short. The 44.92 short entry level has triggered the new short. Trade pressures are down into the neutral zone. Volumes are bearish.

The next target down is 41.03.

Set the stop at the 47.32 high pivot.

 

NAT GAS_ QNQ17  #naturalgasfutures

Weekly – Continuing the downtrend. Trade pressures are down but rising. Volumes are still bearish.

Daily – Flat. Testing the 2.83 lows. Trade pressures are down. Volumes are bearish.

The next target down is 2.68.

A close above 2.98 would signal higher.

CRUDE_ CLQ17  #crudeoilfutures

Weekly – A two week rally in this long downtrend. Trade pressures are riasing into the neutral zone. Volumes have changed from bearish to bullish.

Daily – Long. A six day rally from the 43.91 long entry. Trade pressures are up. Volumes are bullish.

Now thru the 46.93 target.

The next target up is 49.95.

Raise the stop to the July 3rd low of 45.92.

[7-5-17: Profit stop met.]

A close below 44.92 would signal a new move down.

 

NATGAS_ QNQ17  #naturalgasfutures

Weekly – Finding some support at the Feb 2016 lows. Trade pressures are down and trending. Volumes remain bearish.

Daily – Flat. The month of June was too hard to trade. Trade pressures are down again. Volumes are mixed bullish to bearish.

A new long level was breached at 2.98, but failed to follow thru with any confirming volumes.

The next long target up is 3.23.

 

CRUDE_ CLQ17  #crudeoilfutures

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

Daily – Flat. Very close to the downside target of 41.70. Trade pressures are down and trending. Volumes are bearish.

Expect some consolidation or retracement here.

The next target down is the 41.70.

A close above 43.91 would signal higher.

[6-27-17: Long the August contract at 43.91.]

[6-28-17: raise stops to the 43.91 breakeven.]

 

NAT GAS_ QNQ17  #naturalgasfutures

Weekly – Continuing lower lows. Trade pressures are down. volumes are bearish.

Daily – Flat. At the 2.83 lower targets now. Trade pressures are down but rising. Volumes are bearish.

A close above 2.98 would signal higher.

CRUDE_ CLQ17  #crudeoilfutures

Weekly – Continues the move down. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 49.60 level. Trade pressures are down and trending. Volumes remain bearish.

The next target down is 41.70.

A move above 46.10 would be required to start a new move up.

 

NAT GAS_ QNN17  #naturalgasfutures

Weekly – In the down trend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 3.21 level. Trade pressures are down but rising. Volumes are bullish.

A close above 3.09 would signal higher.

The next target down is 2.65.

CRUDE_ CLN17  #crudeoilfutures

Weekly – Remains in this month’s long downtrend. Trade pressures are down into the neutral zone. Volumes are bearish.

Daily – Flat. The retracement move down has reached the 45.54 downside profit target. Trade pressures are down. Volumes have changed from bearish to neutral.

The next target down is 44.10, the low pivot.

A close above 47.08 would signal higher.

 

NAT GAS_ QNN17  #naturalgasfutures

Weekly – Consolidating at the 3.00 level. Trade pressures are down. Volumes remain bearish.

Daily – Flat. At the 3.01 downside target and consolidating here. Trade pressures are down and extended. Volumes are neutral.

The next target down is 2.65.

A close above 3.09 would signal higher.

CRUDE_ CLN17  #crudeoilfutures

Weekly – Remains in the downtrend. Trade pressures are up but declining. Volumes remain bearish.

Daily – Flat. In the move down from the 49.53 level. Trade pressures are down. Volumes remain bearish.

The next target down is 45.54. The recent spike low is 44.10.

A close above 48.56 would be required to signal a new move up.

 

NAT GAS_ QNN17  #naturalgasfutures

Weekly – A break to the downside this last week. Trade pressures are down. Volumes are now bearish.

Daily – Flat. The break down below the 3.21 short entry level has signaled anew move down. Trade pressures are down. Volumes are bearish.

The next target down is first the recent low pivot at 2.87, the 2.65.

Need a close above 3.13 to signal higher.

 

CRUDE_ CLN17  #crudeoilfutures

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

Daily –  Flat.  Trade pressures are down into the neutral zone. Volumes change first to bearish and now neutral into the holiday.

The decision the trade out of the June contract proved correct as the oil cartel can’t seem to balance the demand and supply.

Still in the uptrend above the 47.61 support.  Must wait to see if this holds.

 

NAT GAS_ QNN17  #naturalgasfutures

Weekly – Still in the downtrend even after the rally attempt. Trade pressures are down into the neutral zone. Volumes have changed from bullish to neutral.

Daily –  Flat. Trade pressures are down. Volumes are bearish.

The next long entry level is 3.37.

The next short entry level is 3.21.

CRUDE_ CLN17  #crudeoilfutures

Weekly – Remains in the downtrend. Trade pressures are up into the neutral zone. Volumes remain bearish.

Daily – Flat. The June contract was closed near the 50.54 upside target for a nice profit. Trade pressures are up. Volumes are bullish.

Would look for a pullback to re-enter the long trade; somewhere between 48.43 and 46.86.

The next target up is 51.36.

 

NATGAS_  QNM17  #naturalgasfutures

Weekly – Not much direction (slope). Trade pressures are up. Volumes are bullish.

Daily – Flat. Trade pressures are down but turning up. Volumes are bearish to neutral.

Need a close above 3.28 to restart the long trade.