Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM19

Weekly – In the uptrend. Trade pressures are up but turning down. Volumes are bearish.

Daily – Flat. In the move down from the 63.70 short entry. Trade pressures are down. Volumes are bearish.

The next target down is 59.00.

A close above the 64.38 level would signal higher.

 

NAT GAS_ QNM19

Weekly – Approaching the 2017 lows. Trade pressures are down. Volumes are bearish.

Daily – Flat.  In the move down from the 2.65 short entry. Trade pressures are up into the neutral zone. Volumes are bullish.

The next target down is 2.24.

A close above 2.98 would signal higher.

 

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