Oil & Gas

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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.