#crudeoilfutures #naturalgasfutures
CRUDE_ CLV19
Weekly – Sideways drift since May. Trade pressures are in the neutral zone. Volumes are bearish.
Daily – Flat. A few wide ranging days . Trade pressures are in the neutral zone. Volumes are bullish.
A close below 55.12 would signal lower.
A close above 56.55 would signal higher.
NAT GAS_ QNV19
Weekly – In the retracement move up off the 2.05 lows. Trade pressures are rising in the neutral zone. Volumes are bullish.
Daily – Long. In the move up from the 2.18. Trade pressures are up. Volumes are bullish.
The next target up is 2.62. Take profits at this 2.62.
A close below 2.39 would signal lower. Set stops at this 2.39.
[9-10-19: AM. Sold at the 2.62 profit Stop.]