#crudeoilfutures #naturalgasfutures

CRUDE CLU19

Weekly – A flat week this prior week. Trade pressures are neutral. Volumes are also neutral.

Daily – Short. In the short trade from the 57.03 short entry price. Trade pressures are down. Volumes are bearish.

The next target down is 53.79.

A close above 57.37 would signal higher.

Set the stop at this 57.37.

[7-30-19: closed at the 57.37. stop for a loss.]

 

NAT GAS QNU19

Weekly – New lows . Trade pressures are down.  Volumes are bearish.

Daily – Flat. In the move down from the 2.34 short entry. Trade pressures are down. Volumes are bearish.

The next target down is 2.03.

A close above 2.17 would signal higher.

Set any stop to 2.18.