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CRUDE_ CLH20

Weekly – Three weeks down. Trade pressures are down. Volumes are bearish.

Daily – Flat. Stopped out at the 59.06 stop for a small profit. Trade pressures are down. Volumes are bearish.

The next target down is 53.51.

There are multiple targets clustered between 54.70 and 51.50 and could act as support. A close above 57.28 would signal higher.

 

NAT GAS NGH20

Weekly – In a steady decline from the spike of October ’18. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the second short entry at 2.18. Trade pressures are down but rising. Volumes are bearish.

At the 1.88 downside target. The next target down is 1.57.

A close above 1.98 would signal higher.