CRUDE_ CLU18  #crudeoilfutures

Weekly – In the long move up from the November breakout of 2016. Trade pressures are now down. Volumes are bullish.

Daily – Flat. Trade pressures are up into the neutral zone. Volumes are bullish to neutral.

The next long entry is 68.91, very close to the Friday close.

A close below 67.98 would restart the move down.

The stop would be this short entry.

[7-30-18: Raise the stop to the entry price, 68.91]

[7-31-18: Out at the breakeven.]

 

NAT GAS_ QNU18  #naturalgasfutures

Weekly – Downward pressures persist. Trade pressures are down. Volumes are bearish to neutral.

Daily – Flat. In the new contract, but still in the move down. Trade pressures are up into the neutral zone. Volumes are bullish.

The next target down is 2.65.

The next long entry is 2.79. Also very close the the Friday close.