CRUDE_

Weekly – spent nine weeks consolidating around the 49.40 target. Now testing the lows. The next weekly target down is 40.03. Trade pressures are negative but turning up. Volume is bearish from the prior week’s neutral.

Daily – A short cycle entry has triggered a short trade at 46.53. The pivot low at 44.19 would be some support, but the next target down is 39.13. Trade pressures are down. Volume is bearish.

NAT GAS_

Weekly – Trade pressures are down. Volume is bearish. Also getting near the end of a time cycle. The next targte down is 2.22.

Daily – in the long trade from 2.80, bit no momentum side for these last two months. Volume has switched back and forth from bullish and bearish each week.  Not a good trading situation. Go Flat and look for a better entry.  There is multiple targets down at 2.33. See what happens near there.