Oil & Gas

CRUDE_ CLN19

Weekly – Retesting the old weekly long entry at 51.70. Trade pressures are down into the neutral zone. Volumes are bearish.

Daily – Flat. Storage builds rising. Trade pressures are down. Volumes are bullish.

The next target down is 46.90.

A close above 56.06 would signal higher.

 

NAT GAS_ QNN19

Weekly – Continues the slow grind lower. Trade pressures are down. Volumes are bearish.

Daily – Flat. Consolidating at the 2.28 low target. Trade pressures are down but rising. Volumes are bullish.

The next taerget down is 2.28.

A close above 2.38 would signal higher.

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