Oil & Gas

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CRUDE_ CLQ21

Weekly – Remains in the move up off the breakout of the 64.28 level. Trade pressures are up. Volumes remain  bullish.

Daily –  Flat. In the move up from the 72.05 level. Trade pressures are up. Volu mes are neutral.

The next target up is 75.77.

A close below 70.21 would signal a change in trend to down.

 

NAT GAS_ NGQ21

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

Daily – Short. In a retracement move down form the 3.62 level. Trade pressures are down. Volumes are now neutral.

The next target  down is 3.40.

A close above 3.80 would signal a new breakout to the upside.