CRUDE_ CLQ16

Weekly – Still consolidating at the the weekly 100% target of 49.84. Trade pressures are up but turning down. Volumes have changed from bullish to neutral.

Daily – Flat. The short position was stopped out in the run-up to the BREXIT announcement. Trade pressures are up but declining. Volumes are mixed but with a bearish bias.

The 50.10 short trigger is still active. The next target down is 46.75.

Stops at 50.56.

 

NAT GAS_ QNq16

Weekly – At the weekly long confirmation of 2.71. Trade pressures are up but extended. Volumes remain bullish.

Daily – Flat. The full move up is complete at the 2.818 target. Trade pressures are up but turning down. Volumes are Bullish.

The next short entry is 2.65.