#crudeoilfutures #naturalgasfutures
CRUDE_ CLK19
Weekly – Contract rolls late this week. Trade pressures are up. Volumes are bullish. The next weekly target up is 65.24.
Daily – Flat. The 64.91 target is acting as resistance. Trade pressures are declining and are near the neutral zone. Volumes are mixed bearish then bullish.
The next target up is the 64.91.
A close below the 61.89 level would signal lower.
N GAS_ QNK19
Weekly – Continues the basing action at the 2.57 level. Trade pressures are down. Volumes are bearish.
Daily – Flat. At the new short entry of 2.66. Trade pressures are rising. Volumes are bearish.
A close above the 3.08 level would signal higher.
Slow trading so no trade here.