Oil & Gas

CRUDE_
Weekly – trade pressures are down and extended. volume is bearish.
the next target down is 47.99.

Daily – Trade pressures are down. volume is bearish.
at 57.80 near the the 57.22 target. expect consolidation.
the next target down is 44.49.

a close above 61.80 could start a retracement trade up to 69.77.

NAT GAS_
Weekly – trade pressures are flat. volume is bearish.
retesting the 3.60 target.

Daily – trade pressures are down. volume is neutral.
next target down is 3.18.

a close above 3.81 could signal a short cycle up trade to 4.15.