#crudeoilfutures #naturalgasfutures

CRUDE_ CLQ21

Weekly – Moving higher each week in this Dec 2020 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 5/5 new long entry at 65.04. Trade pressures are up but turning down. Volumes are bullish.

The next target up is 77.96.

The next target down is 71.76, the new short entry.

 

NAT GAS_  NGQ21

Weekly – In the new June 2021 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. The 4/19 long entry at 2.85 has met the 100% target at 3.67. Trade pressures are up. Volumes are bearish on the spike to 3.80.

The next target up is that same 3.67.

A close below 3.61 would signal lower.