CRUDE_ CLU16 #crudeoilfutures
Weekly – The consolidation and pullback seems complete. Trade pressures are down but turning up. Volumes have changed from bearish to bullish.
Daily – Long. The long entry price at 43.90 has been triggered. Trade pressures are up. Volumes are bullish.
The next target up is. 51.53.
Stops are 39.19.
NAT GAS_ QNU16 #naturalgasfutures
Weekly – Still in the uptrend. Trade pressures have declined into the neutral zone. Volumes have changed from bullish to bearish.
Daily – Flat. In a move down, but near the 2.49 support levels. Trade pressures are down and extended. Volumes have changed from bearish to neutral.