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CRUDE_ CLM21

Weekly – Still in the Dec 2020 uptrend. Trade pressures are down into the neutral zone. Volumes are now bearish.

Daily – Short. Both the weekly and the daily pressures are pointing down. Trade pressures are down but rising. Volumes are bearish.

The short entry is at 59.73. the next target down is 55.62.

A close above the 25×5 MA at 61.88 would signal higher. Use that as a stop.

 

NAT GAS_ NGK21

Weekly – In the December 2020 downtrend. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. The daily has had a move down to the 2.45 downside target and is now consolidating. Trade pressures are rising into the neutral zone. Volumes are bullish.

The next target down is 2.28.

The next target up is the new long entry at 2.67.