Oil & Gas

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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.