CRUDE_ CLK17  #crudeoilfutures

Weekly – In a new weekly move down. Trade pressures are down. Volumes have returned to bearish from neutral. The next weekly target down is 43.53.

Daily – Flat. At the 47.20 downside target. Trade pressures are down and trending. Volumes are bearish.

A close above the 49.79 level would signal higher.

[3-30-17 Update: Long. The 49.79 long entry has been triggered. Stops at 47.01.]

 

NAT GAS_ QNK17  #naturalgasfutures

Weekly – Remains in the downtrend. Trade pressures are down but rising. Volumes have changed from bearish to neutral.

Daily – Flat. In the move up from 2.97. Trade pressures are up. Volumes are mixed neutral to bullish.

The next target up is 3.44.

Stops are 2.69.

A close below 2.89 would also signal lower.