Weekly – A retest of the 51.00 level was a followed by a rally.Trade pressures are in the neutral zone. Volumes are bullish.
Daily – Flat. After the trigger thru the 56.08 level then looking for the pullback to 56.64. Trade pressures are up. Volumes are bullish.
The next target up is 62.44.
A close below 55.98 would signal lower.
Set the stop to the entry price of 56.64.
NAT GAS_ QNQ19
Weekly – Remains in the down trend. Trade pressures are down. Volumes are now bullish.
Daily – Flat. In the new move up from the 2.19 level. Trade pressure are rising into the neutral zone. Volumes are bullish.
The next target up is 2.36.
A close below the 2,14 low would signal lower.