CRUDE_ CLM18  #crudeoilfutures

Weekly – Consolidating above the 63.39 level. Trade pressures are just up above the neutral zone. Volumes are bullish.

Daily – Flat. In the move up from the 62.98 level. Trade pressures are up but trending sideways. Volumes are bullish.

In consolidation at the 68.01 level. The next target up is 70.38.

A close below 67.47 would signal a retracement lower, perhaps to the 25×5 moving average at 66.01.

 

NAT GAS_ QNM18  #naturalgasfutures

Weekly – Walking sideways on the 25×5 moving average. Trade pressures are up. Volumes are neutral.

Daily – Flat. The attempt to move up thru the downtrend resistance line was rejected. Trade pressures are up. Volumes are bullish to bearish.

No Trade.