CRUDE_ CLV16 #crudeoilfutures

Weekly – A rally inside the downtrend. Trade pressures are up. Volumes are bullish.

Daily – Long. this move started from the 44.63 (adjusted) entry price. Trade pressures are up but declining. Volumes have changed from bullish to neutral.

The next target up is 51.71.

Raise stops to the entry price of 44.63.

A close below 46.10 could signal lower.

 

NAT GAS_ QNV16 #naturalgasfutures

Weekly – In the uptrend. Trade pressures are rising into the neutral zone. Volumes have changed to bullish from bearish.

Daily – Flat. Moved up into a new uptrend at 2.87. Trade pressures are up. Volumes are bullish.

2.79 is the new long entry. But exposed enough with the long Crude trade.