#crudeoilfutures #naturalgasfutures
CRUDE_ CLJ19
Weekly – The rally has taken price to the 200 week MA. Trade pressures are now up. Volumes are bullish.
Daily – Flat. In the move up from the 54.72 long entry. Trade pressures are up. Volumes are bullish.
The next target up is 59.76.
A close below 54.87 would signal lower.
NAT GAS_ QNJ19
Weekly – Remains in the downtrend. Trade pressures are down and trending. Volumes are neutral.
Daily – Flat. Consolidating at the 2.56 down side target. Trade pressures are n ow up. Volumes are bullish.
Remains in the down trend with resistance at the 2,78 level.
The next target down is 1.86.
A close above 3.07 would signal higher.