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CRUDE_ CLJ20 Contract rolled.
Weekly – Sitting on the lows, but a week of a move up. Trade pressures are down but making a bullish reversal. Volumes are neutral.
Daily – Flat. Forming a base off the 49.50 lows. Trade pressures are up. Volumes are bullish.
A close above the 52.61 level would signal a new move up.
A close below 50. 21 would signal a resumption of the move down.
NAT GAS_ NGH20
Weekly – Still in the move lower. Trade pressures are down. Volumes remain bearish.
Daily – Flat. trying to move up Trade pressures are up but showing a bearish reversal. Volumes are neutral.
The next target down is 1.57.
A close above 1.92 would signal higher.