CRUDE_ CLM16  Contracts available for all months. Trading in the current delivery month shall cease on the third business day prior to the twenty-fifth calendar day of the month preceding the delivery month. If the twenty-fifth calendar day of the month is a non-business day, trading shall cease on the third business day prior to the last business day preceding the twenty-fifth calendar day. ( Complicado No?)

Weekly – At the resistance of the downward sloping 25×5 moving average. Need to close above 47.91 to change the trend to bullish. Trade pressures are up. Volumes remain bullish.

Daily – Flat. In the move up from the 39.63 entry level and traded within pennies of the 44.51 first profit target. Trade pressures are up but declining, almost into the neutral zone. Volume remains bullish.

Should use the 41.15 as a stop.

 

NAT GAS_ QNK16    Contracts available for all months. Trading of any delivery month shall cease three (3) business days prior to the first day of the delivery month. In the event that the originally listed expiration day is declared a holiday, expiration will move to the business day immediately prior.

Weekly – Still in the downtrend. Trade pressures are up. Volumes have changed from neutral to bullish.

Daily – Flat. In the move up. Trade pressures have reversed their trend, now up. Volumes have changed from neutral to bullish.

Still too much volatility to trade.