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CRUDE_ CLF20

Weekly – In the downtrend. Trade pressures are rising in the neutral zone. Volumes remain bullish.

Daily – Flat. At the 61% target in the move up form the October 54.42 long entry level. Trade pressures are up and extended. Volumes are bullish.

The next target up is the prior high at 63.35.

With the extended trade pressures a pull back is likely. A close below 56.98 would signal lower.

 

NAT GAS_ NGF20

Weekly – Remains in the down trend. Trade pressures are down and extended. Volumes are neutral.

Daily – Flat. In the move down. Trade pressures are down but have turned higher. Volumes are bearish.

The next target down is 2.14.

A close above 2.42 would signal a new long entry.