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CRUDE_ CLM21 (June 2021 Contract)

Weekly  – A rally inside the weekly downtrend. Trade pressures are up. Volumes are bullish.

Daily  – Long. In the moove up from the 43.47 breakout. Trade pressures are up but reversing. Volumes are now neutral.

The next target up is 46.47.

A close below 42.06 would reverse the move up.

Stops at 41.55.

[12-01-20: Raise stops to BE, 43.47.]

 

NAT GAS_ NGF21

Weekly – Continues to base. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the new move up with a close above the 2.91 long entry. Trade pressures are down ionto the neutral zone. Volumes are now neutral.

Enter the long trade only with a break back above the 2.91 long entry. Also a weekly trade pressure bullish reversal would be confirming.

A close below 2.64 is the prior low, and the stop, and would signal lower.