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CRUDE_ CLM20

Weekly – Testing the short term moving average as resistance. Trade pressures are down but rising to near the neutral zone.

Daily – Flat. In the move up from the 10.32 long entry level. Trade pressures are up and fully extended. Volumes are neutral.

The next target up is 31.32.

SA close below 22.77 would signal lower.

 

NAT GAS_ NGM20

Weekly – Testing the resistance line. Trade pressures are up. Volumes are bearish.

Daily – Flat. In a  rising channel off the 1.65 lows. Trade pressures are down. Volumes are bearish.

A bullish reversal of the trade pressures would signal a new move up from the 1.82 old long entry.

A close below 1.76 would signal lower.

 

 

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CRUDE_ CLM20

Weekly – recovering some of the loss after the April washout. Trade pressures are down. Volumes are now neutral.

Daily  – Flat. After the drop into the 6.50 low, price has now recoverd to the $20 levels. Trade pressures are up. Volumes are bullish.

The next target up is 21.78.

A close below 16.07 would signal lower.

 

NAT GAS_ NGM20

Weekly – Can not get above the downtrend channel. Trade pressures are up. Volumes are bearish.

Daily – Flat. In the move up from the April 1.82 long entry. Trade press ures are up. Volumes are bearish.

The next target up is 2.00.

A close below 1.80 would signal lower.

 

 

 

 

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CRUDE_ CLM20

Weekly – The weekly close off the lows was a bullish volume bar. Trade pressures are down and showing another bearish reversal.

Daily – Flat. In the recovery move up off the 6.50 lows. Trade pressures are down but rising. Volumes are neutral.

The next target up is 20.79.

A close below 10.07 signals lower.

[The inflow of peak oil is still to arrive]

 

NAT GAS_ NGM20

Weekly – In the down trend. Trade pressures are up. Volumes are bearish.

Daily – Flat. In the move up from the 1.82 long entry. Trade pressures are down, Volumes are neutral.

Looking for a retest of the bottom of the channel around 1.78 and the next bullish reversal of the trade pressures.

The next target up is 2.00.

A close below the prior low at 1.65 would signal lower.

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CRUDE_ CLM20

Weekly – retested the lows. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. In the move down from the 36 short entry price. Trade pressures are down and oversold. Volumes are bearish.

Consolidating around the 25.51 downside target. The next target down is 21.85.

Need a close above 28.18 to start a new move up.

 

NAT GAS_ NGM20

Weekly – Rising in the downward sloping channel. Trade pressures are up. Volumes are bullish.

Daily – Flat. Finished a counter trend move up to the 1.99 profit target. Trade pressures are up. Volumes are bullish.

After the pullback to 1.70, a new long entry is at 1.79. The next target up is 2.06.

A close below 1.85 would signal lower.

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CRUDE_ CLK20

Weekly – In the move down. Trade pressures are down but turning up. Volumes are neutral.

Daily – Flat. In the move up from the 23.09 long entry. Trade pressures are down. Volumes are bearish.

The next target down is 18.34 and would cancel the current long entry.

Need a close above 24.89 to get this move u restarted.

 

NAT GAS_ NGK20

Weekly – In the long channel down form the late 2018’s. Trade pressures are rising ionto the neutral zone.

Daily – Flat. In the move up from 1.69 long entry. Trade pressures are down into the neutral zone. In the pullback toward the original long entry.

The next target up is 1.95. Look for a daily bullish reversal to sync up with the weekly trade pressures.

A close below 1.70 would signal lower.

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CRUDE CLK20

Weekly – Stopped at the long term trendline support at 20.00. Trade pressures are down but turning up. Volumes are bullish.

Daily – Flat. In the move up from the 23.09 long entry price. Trade pressures are up. Volumes are bullish.

Touched the 28.71 target. The next target up is 34.55. Would look for the next pull back and following that go long at the next bullish reversal.

A close below 25.10 would signal lower.

 

NAT GAS_ NGK20

Weekly – Still in the move down. Trade pressures are down. Volumes are bearish.

Daily – Flat. Trade pressures are down but turning up. Volumes are bullish.

The next target down is the prior low of 1.52.

A close above 1.69 would signal higher. The 2hr chart shows nat gas just the break out of the downtrend line.

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Weekly – No real pivots to work from. Caught in the Saudi crude wars. Trade pressures are down. Volumes are now neutral.

Daily – Still in the move down. Trade pressures are down now with a new bearish reversal. Volumes are bearish. Expect two to three days more down movement.

The next target down is 19.86.

A close above 24.34 would signal higher. On the lower time frames  (2 hr) need a close above 23.50.

 

NAT GAS_ NGK20

Weekly – The next weekly target down is 1.22. Trade pressures are down but showing some positive divergence. Volumes are bearish.

Daily – Flat. Near the new long entry. Trade pressures are in the neutral zone but have made a new bearish reversal. Volumes are bearish.

The next target down is the prior low at 1.59.

A close above the 1/77 level would signal higher.

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CRUDE_ CLK20

Weekly – Thru the 100% target. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the new move up from the 24.15 entry price. Trade pressures are down but rising.

The next target up is 27.78.

A close below 20.52 would signal lower.

 

NAT GAS_ NGK20

Weekly – Still in the year long move down. Trade pressures are up into the neutral zone. Volumes are bearish.

Daily – Flat. Trade down to the 1.55 level. Trade pressures are down but rising. Volumes are bearish.

The next target down is 1.46.

A close above 1.73 will signal higher.

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CRUDE_ CLJ20

Weekly – Dropped all the way to the 28.21 target. Trade pressures are down. Volumes are now neutral.

Daily – Long. Off the 27.34 low. Trade pressures are down but rising. Volumes are neutral. Price has risen to above the new long entry at 30.97.

The next target up is 36.31.

A close below the prior low will signal lower .

[3-17-20: stopped out at 27.24 for a loss.]

 

NAT GAS_ NGJ20

Weekly – Remains in the move down. Trade pressures are rising into the neutral zone. Volumes are bullish.

Daily – Long. In the move up from the 1.78 long entry. Trade pressures are down but rising. Volumes are bullish. The next target up is 2.04.

A close below 1.63 would signal lower.

[3-18-20: Stopped out out the 1.63.]

 

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CRUDE_ CLJ20

Weekly – Complete breakdown. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 50.80 short entry price. Trade pressures are down. Volumes are bearish.

The next target down is 38.31.
[3-8-20: Opened down at 33.20. Now the next target down is 28.21]

A close above 44.23 would signal higher.

 

NAT GAS_ NGJ20

Weekly – Still in the year long downward channel. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move up from the 1.81 new long entry. Trade pressures are down. Volumes are bearish.

The next target down is 1.56.

Enter the long trade if the new long entry price is accompanied with a bullish reversal in the trade pressures.

The next target up is 1.99.

A close below 1.64 is the stop and would signal lower.