Oil & Gas

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CRUDE_ CLQ19

Weekly – Rising in the down trend. Trade pressures are in the neural zone. Volumes are bullish.

Daily – Flat. In the move up from the 56.17 level. Trade pressures are up. Volumes are now neutral.

The next target up is 64.80.

A close below 56.89 would signal lower.

 

NAT GAS_  QNQ19

Weekly – Off the lows for two weeks. Trade pressures are down but rising. Volumes are bullish.

Daily – Flat. In the move up from the 2.21 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 2.67.

A close below 2.36 would signal lower.

 

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