CRUDE_ CLM17  #crudeoilfutures

Weekly – Remain under the long downtrend line moving in a narrow channel. Trade pressures are down into the neutral zone. Volumes are bearish.

Daily – Flat. After trading up to the 53.00 target now in a retracement from 51.86. Trade pressures are down. Volumes are mixed, bullish to neutral.

The next target down is 47.96. then 44.06.

A close above 50.25 would signal higher.

 

NAT GAS_ QNM17  #naturalgasfutures

Weekly – In the move down. Trade pressures are down into the neutral zone. Volumes remain bullish.

Daily – Flat. In a move up from 3.08. Trade pressures are up. Volumes are bullish.

Consolidating here. The next target up is 3.59.

A close below 3.10 would signal lower.