CRUDE_ CLH17  #crudeoilfutures

Weekly – Continuing to be face overhead resistance. Trade pressures are down thru the neutral zone. Volumes are still bullish.

Daily – Flat. In the move down from the 54 short entry level. Trade pressures are up. Volumes have changed to bullish.

The next target down is 50.00. The hourly is over bot.

A close above the 54.25 level would signal higher.

 

NAT GAS_ QNH17  #naturalgasfutures

Weekly – In the fourth week down after the upside test of resistance at 3.90. Trade pressures are down hard. Volumes are bearish.

Daily – Long. In the move up from the 3.37 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 3.84.

Stops are now 3.16.