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CRUDE_ CLG19

Weekly – Broke down from the 50.55 support level. Trade pressures are hard down. Volumes are bearish.

Daily – Flat. Never triggered a new long. Now in a new move down from the 48.30 short entry level. Trade pressures are down from the neutral zone. Volumes are bearish.

the next target down is the weekly low pivot at 41.53.

Need a close above 48.26 to start any long retracement.

 

NAT GAS_ QNF19

Weekly – Giving back almost all the rally. Trade pressures are up but declining to the neutral zone. Volumes are bearish.

Daily – Flat. In the move down from the 4.52 level. Trade pressures are down. Volumes are bearish.

Now consolidating at the 3.745 target. The next target down is 3.11.

A close above 4.01 would signal higher.