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CRUDE_ CLQ21

Weekly – Continues the slow move upward. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the 5/21 move up from 65.00. Trade pressures are up. Volumes are bullish.

The next target up is 76.22, the prior high.

A close below 71.16 would signal lower.

 

NAT GAS_ NGU21

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

Daily – Flat. In the move up from the break above the 200 day MA at 3.02. Trade pressures are up, but rolling over. Volumes are now neutral.

The next target up is 4.31.

A close below the 3.60 level nearby should retrace the immediate gains.