CRUDE_ CLJ17  #crudeoilfutures

Weekly – Still in the sideways move. Trade pressures are down from the neutral zone. Volumes have changed from bullish to neutral.

Daily – Flat. Still in the 52-54 trading range. Trade pressures are down. Volumes are now bearish.

Watch the hourly to see if momentum is turning back to the $54 boundary or not.

A break of 52 likely signals more to the downside.

 

NAT GAS_ QNJ17  #naturalgasfutures

Weekly – At multiple downside targets. Trade pressures are fully extended. Volumes remain bearish. Look for retracement pressures.

Daily – Flat. Trade down thru the 2.84 daily target and has stopped at the weekly target. Trade pressures are down but turning up. Volumes have been bullish the last four days.

The next target down is 2.33.

A close above 2.89 would signal higher.

[3-8-17 Update: Long at 2.89]  [Stops at 2.61, raise to break-even with any touch of 3.00]

CRUDE_ CLJ17  #crudeoilfutures

Weekly – Still in the sideways move. Trade pressures are down but are turning higher. Volumes remain bullish.

Daily –  Flat. Trade pressures have been up for the last 12 days. Volumes are mixed bullish to neutral.

Still in the 52 -54 channel.

Need a close above 55.44 to confirm a new uptrend.

A break down below the 52 level would signal lower.

 

NAT GAS_ QNJ17  #naturalgasfutures

Weekly – Hard down. Trade pressures are down. Volumes remain bearish.

Daily – Flat. In the move down from the 3.74 level. Trade pressures are down. Volumes have changed to neutral.

The next target down is 2.33.

A close above 2.91 could signal higher.

CRUDE CLJ17  #crudeoilfutures

Weekly – Still moving side ways. Trade pressures are down. Volumes are neutral.

Daily – Flat. Trading in the 51-54 channel. Trade pressures are down into the neutral zone. Volumes are bullish.

No slope, no trade.

 

NAT GAS_ QNH17  #naturalgasfutures

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

Daily – Flat. In the move down from the 3.33 short entry. Trade pressures are down and trending. Volumes are bearish.

The next target down is 2.72.

Need a close above 3.11 to signal higher.

 

CRUDE_ CLH17  #crudeoilfutures

Weekly – Sideways, in the downtrend and just above the flat 25×5 Moving average. Trade pressures are down. Volumes ahve changed to neutral from bullish.

Daily – Flat. Also in the downtrend with no slope. Trade pressures are up. Volumes are mixed Bullish, Neutral, then Bullish.

The move is captured between the 51.47 low and the 54.25 channel high.

Looking for a breakout in either direction for an entry.

 

NAT GAS_ QNH17  #naturalgasfutures

Weekly – Six weeks into this down move. Trade pressures are down. Volumes remain bearish.

Daily – Flat. In this second leg down from the 3.33 short entry level. Trade pressures are down but turning up. Volumes are mixed neutral to bearish.

At the 3.03 profit target.

The next target down is 2.73. Good support here, so take these profit targets, if short.

CRUDE_ CLH17  #crudeoilfutures

Weekly – Price remains under the downtrend resistance line. Trade pressures have moved to down from neutral. Volumes are still bullish.

Daily – Flat. Have avoided this trade as there is no direction . Trade pressures are up. Volumes are bullish.

The bias is down the next target down is 50.16.

A close above 54.25 would signal a new move up. But immediate resistance is located just above at 55.32.

 

NAT GAS_ QNH17  #naturalgasfutures

Weekly – In the move down. Trade pressures are down, but nearing oversold. Volumes are bullish.

Daily – Flat. In the move down from the 3.33 short entry. Trade pressures are down. Volumes are bearish.

At the first short profit target of 3.028.

The next target down is 2.72.

CRUDE_ CLH17  #crudeoilfutures

Weekly – Continuing to be face overhead resistance. Trade pressures are down thru the neutral zone. Volumes are still bullish.

Daily – Flat. In the move down from the 54 short entry level. Trade pressures are up. Volumes have changed to bullish.

The next target down is 50.00. The hourly is over bot.

A close above the 54.25 level would signal higher.

 

NAT GAS_ QNH17  #naturalgasfutures

Weekly – In the fourth week down after the upside test of resistance at 3.90. Trade pressures are down hard. Volumes are bearish.

Daily – Long. In the move up from the 3.37 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 3.84.

Stops are now 3.16.

CRUDE_ CLH17  #crudeoilfutures

Weekly – Retreating from the 57.00 upside resistance. Trade pressures have turned down. Volumes remain bullish.

Daily – Flat. The short entry was 54.05. Trade pressures are up. Volumes have just changed from bearish to bullish.

The next target down is 50.22.

A close above 54.25 would signal higher. Use that 54.25 as a long entry and as a buy stop.

 

NAT GAS_ QNG17  #naturalgasfutures

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

Daily – Long. The 3.37 entry price was triggered last week. Trade pressures have turned down. Volumes have  changed from neutral to bearish.

The next profit target up is 3.84.

The stop is the 3.095 low pivot.

CRUDE_ CLG17  #crudeoilfutures

Weekly – The upside resistance at 54.40 seems to hold. Trade pressures are up but declining. Volumes remain bullish.

Daily – Flat. Mixed signals. Trade pressures are up. Volumes have changed to bearish.

Wait. The bias is down, but no trend in the trade pressure oscillator.

 

NAT GAS_ QNG17  #naturalgasfutures

Weekly – In a retracement from the upper resistances. Trade pressures are down. Volumes have changed from neutral to bullish.

Daily – Flat. In consolidation above the 3.18 downside target. Trade pressures are down but rising. Volumes have changed from neutral to bullish.

The close above 3.37 signals higher.

Take a long entry with a 3.37 limit / Stop 3.095.

CRUDE_ CLG17  #crudeoilfutures

Weekly – Six weeks of a move up has crude at the downtrend resistance level. Trade pressures are up and trending. Volumes remain bullish.

Daily – Flat. In consolidation after reaching the 55.06 profit level. Trade pressures are trapped in the neutral zone and showing no direction. Volumes remain neutral.

The next target up is 62.

Sitting on the 52.86 short entry level, but the neutral volumes say wait.

 

NAT GAS_ QNG17  #naturalgasfutures

Weekly – reached the downtrend resistance level and began a pullback. Trade pressures are down. Volumes have changed from bullish to neutral.

Daily – Flat. In a move down from the 3.62 entry. Trade pressures are down. Volumes are bearish.

At the 3.18 first profit target. The next target down is 2.73.

A close above 3.45 would signal higher.

CRUDE_ CLG17  #crudeoilfutures

Weekly – Still in the downtrend. Trade pressures are up ans extended. Volumes are bullish to neutral.

Daily – Flat. No direction is evident. Trade pressures are moving up thru the neutral zone. Volumes are very light and neutral.

The 53.31 long entry has been triggered, but with out any volume conviction.

Wait.

 

NAT GAS_ QNG17  #naturalgasfutures

Weekly – Rising to test the upper limits of the downtrend. Trade pressures are up but declining. Volumes are bullish.

Daily – Flat. The 3.89 level was reached. Trade pressures are up. Volumes are bullish.

The pullback from the 3.89 level was expected. The next target up is 3.94.

A close below 3.62 would signal lower.