Oil & Gas

CRUDE CLJ17  #crudeoilfutures

Weekly – Still moving side ways. Trade pressures are down. Volumes are neutral.

Daily – Flat. Trading in the 51-54 channel. Trade pressures are down into the neutral zone. Volumes are bullish.

No slope, no trade.

 

NAT GAS_ QNH17  #naturalgasfutures

Weekly – In the move down. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 3.33 short entry. Trade pressures are down and trending. Volumes are bearish.

The next target down is 2.72.

Need a close above 3.11 to signal higher.