CRUDE_ CLU16

Weekly – A steady move down to the weekly uptrend stop line. Trade pressures are down. Volumes remain bearish.

Daily – Flat. In the move down from 50.82. Trade pressures are down and trending. Volumes remain bearish.

The next target down is 38.71.

Need a close above 45.28 for a new long entry.

 

NAT GAS_ QNU16

Weekly – Continues to trade above the weekly long confirmation. Trade pressures are up but declining. Volumes remain bullish.

Daily – Flat. Still in the move down. Trade pressures are up. Volumes are mixed, bulissh to neutral.

Sideways is all we see.