CRUDE_ CLZ17  #crudeoilfutures

Weekly – Up against the 55 overhead resistance. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 50.82 long entry on this new contract. Trade pressures are up. Volumes are bullish.

Thru the 53.22 first target. The next target up is the series from 54.45 to 55.63.

A close below 51.80 would signal lower.

 

NAT GAS_ QNZ17  #naturalgasfutures

Weekly – Remains in the downtrend. Trade pressures are down. Volumes are back to bearish.

Daily – Flat. In a move up from the 3.02 level. Trade pressures are down. Volumes have returned to bearish.

No. Trade, the daily ranges exceed the projected targets.