CRUDE_ CLF16

Weekly – In the down trend, still targeting the 28.55 level. Trade pressures are down. Volume remains bearish. However; time pressures have turned up.

Daily – Flat. Prior short position stopped out on the move up to 43.45. Trade pressures are down but turning up. Volume is bullish.

Need a close above 43.45 to trigger a new long position.

 

NAT GAS_  QNF16

Weekly – Still in the downtrend. Trade pressures are down but showing divergences. Volume is bearish.

Daily – Flat. In the downtrend with the next target lower at 1.94. Trade pressures are down but diverging. Volume is bearish.

Need a close above 2.34 to trigger a new long.