CRUDE_ CLU18  #crudeoilfutures

Weekly – In the move up to the 75.73 target. Trade pressures are down. Volumes are mixed bullish to bearish.

Daily –  Flat. In the move down then a rally into a retracement move up which now has failed. Trade pressures are back down into the neutral zone. Volumes are bearish.

A break below the 66.11 low would reestablish the move down.

A close above the 25×5 moving average would signal higher.

 

NAT GAS_ QNU18  #naturalgasfutures

Weekly – The rally has broken thru the 245×5 weekly moving average. Trade pressures are up into the neutral zone. Volumes are bullish.

Daily – Flat. The move up is consolidating at the 2.92 target. Trade pressures are up. Volumes are bullish.

The next target up is the old high of 3.04.

A close below 2.87 would signal lower.