Oil & Gas

CRUDE_ CLV15

Weekly – still in downtrend. Trade pressures are down. Volume turned back to bearish from bullish.

Daily – Long from the 41.77 long entry price. Made a move up to the first target of 48.28 and is now consolidating between that target and the 25×5. The next target up is again the 48.28 and then on to the 54.00 target.

The stop is 41.77.

NAT GAS_ QNV15

Weekly – Not tradeable. Trade pressures are down. Volume is bearish.

Daily – Flat. Trade pressure are down but rising. Volume is bearish.