CRUDE_ CLH16

Weekly – At the end of a time cycle. Upward pressures should resume. Trade pressures are down but rising. Volumes are mixed closing the week as bullish.

Daily – Flat. Trade pressures are down. Volumes have changed from bearish to neutral.

The next long entry is 29.25. The hourly is over-bot so wait for that to cycle.

 

NAT GAS_ QNH16

Weekly – In the channel between 1.72 and 2.41. Trade pressures are neutral. Volumes are bearish.

Daily – Flat. Continuing the slow oscillation down to the 1.85 retracement target. Trade pressures are down but seeing higher lows. Volumes are bearish.