A few quick updates on the stock market, crude oil, & natural gas via 60-mintue charts:
QQQ remains above the minor uptrend line highlighted in yesterday’s video while a mere 2½% below the top of my MARKET-TOP RANGE.
QQQ 60m July 9th
The USO or /CL crude oil short continues to markedly outperform QQQ & still appears to have plenty of downside to come with any rallies off support & into resistance this week still offering objective add-ons or new short entries.
USO 60m July 9th
The UNG or /NG natural gas long is likely to pick up steam when/if the 16.21 & 16.55 resistance levels are taken out.
UNG 60m July 9th