CRUDE_ CLM16

Weekly – The downtrend stop has held. Trade pressures are up. Volumes remain bullish.

Daily – Flat. Consolidating at the 44.51 target. Trade pressures have declined to the neutral zone. Volumes ahve returned to bullish from bearish.

The next target up is 49.41.

A move below 40.75 could signal lower; use as a stop.

 

NAT GAS_ QNM16

Weekly – Still moving sideways.  Trade pressures are passing thru neutral and moving down. Volumes have changed to neutral from bullish.

Daily –  Flat. In the move up from the March 1.99 entry. Trade pressures are neutral and moving up. Volumes remain bearish.

Still too much volatility to trade.