Oil & Gas

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CRUDE_ CLK19

Weekly – The Friday close is a breakout of the downtrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Still in the move up from the 54.97 February long entry, Trade pressures are up. Volumes are bullish.

The next target up is 64.91.

A close below 60.44 would signal lower.

 

NAT GAS_ QNK19

Weekly – Still in basing mode. Trade  pressures are down. Volumes are bearish.

Daily – Flat. Sideways. Trade pressures are down but rising. Volumes are bearish.

Entered a new short trade at the 2.65 level, but the next target down is 2.56.

So, risk higher than reward.

No trade.