CRUDE_ CLV18  #crudeoilfutures

Weekly – At a downward retracement support level of 64.24. Trade pressures are down. Volumes are now bearish.

Daily – Flat. In this downward channel since July. Trade pressures are down. Volumes are bearish.

At the 64.76 target and consolidating. The next target down is 61.61.

A close above 66.73 would signal higher. But would need a confirmation above the 25×5 moving average resistance at 67.28.

 

NAT GAS_ QNU18  #naturalgasfutures

Weekly – In this long dated move up off the late 2017 lows at 2.22. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 2.78 entry level. Trade pressures are up. Volumes are bearish to neutral.

Consolidating at the 2.92 2nd target. The next target up is 3.06.

A close below. 2.88 would signal lower.