CRUDE_ CLX16  #crudeoilfutures

Weekly – In the fourth week of the current move up. Trade pressures are up. Volumes remain bullish.

Daily – Flat. In the second move up from the 45.52 long entry. Have met the first profit target at 50.51. Trade pressures are up and extended. Volumes are steadily bullish.

The next target up is 52.87.

A close below 48.38 would signal lower.

 

NAT GAS_ QNX16  #naturalgasfutures

Weekly – Remains in the uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. The retracement support held and price entered a new move up. trade pressures are up. Volumes remain bullish.

The 3.23 profit target was met. the next target up is 3.61.

Need a close below 2.84 to start a new move down.