CRUDE_ CLG17  #crudeoilfutures

Weekly – The upside resistance at 54.40 seems to hold. Trade pressures are up but declining. Volumes remain bullish.

Daily – Flat. Mixed signals. Trade pressures are up. Volumes have changed to bearish.

Wait. The bias is down, but no trend in the trade pressure oscillator.

 

NAT GAS_ QNG17  #naturalgasfutures

Weekly – In a retracement from the upper resistances. Trade pressures are down. Volumes have changed from neutral to bullish.

Daily – Flat. In consolidation above the 3.18 downside target. Trade pressures are down but rising. Volumes have changed from neutral to bullish.

The close above 3.37 signals higher.

Take a long entry with a 3.37 limit / Stop 3.095.