#crudeoilfutures #naturalgasfutures

CRUDE_ CLK19

Weekly – Remains in the move up from the 51.00 level inside the downtrend line. Trade pressures are up into the neutral zone. Volumes are bullish.

Daily – Flat. The move up was stopped at the 59.95 target line. Trade pressures are up but turning down. Volumes are bearish.

The next target up is 64.91.

A close below 57/49 would signal lower.

 

NAT GAS_ QNK19

Weekly – Still basing at the 2.70 – 2.80 levels. Trade pressures are down. Volumes a re neutral.

Daily – Flat. Still in the move down and consolidating at the 2.56 levels. Trade pressures are down into the neutral zone. Volumes are bearish.

Need a close above 2.08 to start a new move up.