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CRUDE CLN21

Weekly – In the December 20202 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the May move up from 65.77. Trade pressures are up and showing some divergence. Volumes are bullish.

The next target up is 74.23.

A close below 69.28 would signal lower.

 

NAT GAS_ NGN21

Weekly – Testing the resistance of the early December 2020 downtrend. Trade pressures are just up out of the neutral zone. Volumes are bullish.

Daily – Short. In the move down from the 3.01 short entry but is moving against the trade.. Trade pressures are up but declining. Volumes are bullish.

The next target down is 2.80.

Has moved up to resistance. A break this this would trigger the 3.22 stop.

[06-11-21: Triggered the stop for a loss in the premarket.]

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CRUDE_ CLN21

Weekly – In the December up trend. Trade pressures are up. Volumes are bullish.

Daily – In the move up from the long entry at 65.77. Trade pressures are up and trending. Volumes are bullish.

The next target up is 74.23.

A close below would 68.39 would signal lower.

 

NAT GAS_ NGN21

Weekly – In the Dec 2020 downtrend, Trade pressures are up but near the neutral zone.

Daily – Short. In the move down from the 3.01 short entry. Trade pressures are down into the neutral zone. Volumes are bullish.

The next target  down is 2.80.

A close above 3.20 would signal higher and should be used as the stop.

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CRUDE_ CLN21

Weekly – Remains in the December uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the new move  up from the 65.77 long entry. Volumes are bullish.

The next target up is 74.23.

A close below 65.83 would signal lower.

 

NAT GAS_ NGN21

Weekly – Remains in the Dec 2020 downtrend. Trade pressures are up but declining. Volumes are bullish.

Daily – Short. The resistance line is nearby. Trade pressures are up but reversing. Volumes are bearish.

In the move down from 3.04. The next target down is 2.80.

The next target up would be the down trend line at 3.22 and would signal higher if broken.

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CRUDE_ CLN21

Weekly – In the December 2020 uptrend. Trade pressures are up but turning down. Volumes are bearish.

Daily – Flat. In a retracement down of this uptrend. Trade pressures are down but rising. Volumes are bullish.

The net target down is 60.37.

A close above 63.98 would signal higher.

 

NAT GAS_ NGN21

Weekly- In the December uptrend. Trade pressures are up. Volumes are bearish.

Daily – Flat. In the move down from the 3.05 200 day MA. Trade pressures are down. Volumes are bearish.

The next target down is 2.80.

A close above 3.05 would signal higher.

 

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CRUDE_ CLM21

Weekly – In the Dec 2020 uptrend. Trade pressures are now up. Volumes are bullish.

Daily – Flat. A new retracement short entry at 64.67 inside the move up. Trade pressures are down but rising. Volumes are bearish.

The next target down is 61.36.

A close above 65.29 would restart the move up.

 

NAT GAS_ NGM21

Weekly – In the Dec 2020 downtrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Stuck at the 200 day MA, 2.98. Trade pressures are up. Volumes are bullish.

The next target up is 3.06.

A close below 2.86 would signal lower.

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CRUDE_ CLM21

Weekly – The October 2018-2020 trendline is holding as support. Trade pressures have turned back up. Volumes are bullish.

Daily – Flat. In the April move up. trade pressures are now down. Volumes are now neutral.

In a two day pullback, if  price breaks above 65.32 then the next target up is the  prior high of 66.76.

A close below the new short trigger at 64.00 would signal lower.

 

NAT GAS_ NGM21

Weekly – Testing the Dec 2020 Downtrend resistance a t 3.12. Trade pressures are up. Volum es are bullish.

Daily – Flat. In the uptrend from the April long entry art 2.78. Trade pressures are now down into the neutral zone. Volumes are bullish.

The next target up is 3.08.

A close below 2.79 would signal lower.

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CRUDE_ CLM21

Weekly – Consolidating at the 64.28 target. The 2019-2020 trendline is broken to the upside. Trade pressures are in the neutral zone. Volumes are bullish.

Daily – Flat. Couldn’t get short with the conflict in the weekly and the daily. Trade pressures are up. Volumes are bearish.

The next target up is 65.76.

A close below 61.00 would signal lower.

 

NAT GAS_ NGM21

Weekly – Testing the December 20202 downtrend resistance. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 2.78 level. Trade pressures are up but declining. Volumes are neutral.

The next target up is 3.06.

A close below 2.77 would signal lower.

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CRUDE_ CLM21

Weekly – Consolidating a the 64.28 upside target. Trade pressures are in the neutral zone. Volumes are neutral.

Daily – Short. Closed below the 61,68 short entry. Trade pressures are rising into the neutral zone. Volumes are neutral.

The daily trade pressures are rising, so look for a reversal in the lower time frame trade pressures for a better short entry. The next target down is 59.00.

A close above the upper median line would signal a reversal. Use that level as the stop. This trade has no weekly support so keep tight stops.

 

NAT GAS NGM21

Weekly – The 2019 downtrend resumed in December of 2020. Trade pressures are up. Volumes are bullish.

Daily – Flat. Below the 200 day MA and in a new uptrend. Trade pressures are up but declining towards thee neutral zone. Volumes are bullish.

The next target up is the 200 day MA at 2.98.

A close below 2.65 would restart the move down.

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CRUDE_ CLM21

Weekly – The long term support line has held. Trade pressures are down into the neutral zone.  Volumes are now neutral.

Daily – Flat. The short entry was stopped out at 61.88 for a loss. Trade pressures are up. Volumes are still bullish.

The next target up is 65.76.

A close below 62.02 would signal lower.

 

NAT GAS_ NGK21

Weekly – Remains in the Dec 20202 downtrend. Trade pressures are rising into the neutral zone. Volumes are now bullish.

Daily – Flat. Has touched the new long entry at 2,67, but no close. Trade pressures are up. Volumes are bullish.

The next target up is the new long entry and then 2,89,

A close below 2.62 would signal lower.

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CRUDE_ CLM21

Weekly – Still in the Dec 2020 uptrend. Trade pressures are down into the neutral zone. Volumes are now bearish.

Daily – Short. Both the weekly and the daily pressures are pointing down. Trade pressures are down but rising. Volumes are bearish.

The short entry is at 59.73. the next target down is 55.62.

A close above the 25×5 MA at 61.88 would signal higher. Use that as a stop.

 

NAT GAS_ NGK21

Weekly – In the December 2020 downtrend. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. The daily has had a move down to the 2.45 downside target and is now consolidating. Trade pressures are rising into the neutral zone. Volumes are bullish.

The next target down is 2.28.

The next target up is the new long entry at 2.67.