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CRUDE_ CLZ18

Weekly – Continuing the move down. Trade pressures are down. Volumes are bearish.

Daily – Flat. Moved quickly down thru the 60.79 downside target. Trade pressures are down and trending. Volumes are bearish.

The next target down is the 59.28 lower median line expect consolidation at this median line, and then 56.84.

A close above 62.39 would signal higher.

62.39 is also the stop for any short position.

 

NAT GAS_ QNZ18

Weekly – A breakout to new highs. Trade pressures are up. Volumes are now neutral.

Daily – Flat. The 3.30 level was the new long entry but gapped higher. Trade pressures are up. Volumes are bullish.

Went to the 3.53 target in one day. Now at the full move 3.76 target. Expect consolidation here.

A close below 3.74 would signal a retracement.

Again, the moves are of a much wider range than the various levels.

No Trades.