Oil & Gas

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CRUDE_ CLZ21

Weekly – In the Dec 2020 uptrend. Trade pressures are up into the neutral zone. volumes are bearish.

Daily  -Flat. Retracing the July move down. Trade pressures are up. Volumes are bullish.

The next target up is 69.83 which would start a new uptrend.

A close below 66.24 would signal lower.

 

NAT GAS_ NGZ21

Weekly – In the April 2020 uptrend. Trade pressures are up and trending. Volumes are bullish.

Daily – Flat. In the April rally from 3.00. Trade pressures are up. Volumes are bullish.

In the second leg up from the 4.29 new long entry. The next target up is 4.88.

A close below 4.64 would signal retracement.