CRUDE_ CLN18  #crudeoilfutures

Weekly – Stopped short of the weekly upside target. Trade pressures are now down. Volumes remain bearish.

Daily – Flat. Now at the downside target at 64.31. Trade pressures are down and extended. Volumes are bearish.

The next target down is 59.00.

In a retracement up after the move down to target. The next long entry is at 66.77 with a 70.89 first target.

 

NAT GAS_ QNN18  #naturalgasfutures

Weekly – The move up has taken natural gas from the 2.7’s to the 2.9’s. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 2.74 long entry level to the 2.92 target. Trade pressures are down but rising to the neutral zone. Volumes remain bearish.

Confusing? No trades.