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CRUDE_ CLN20

Weekly – In the rally off the April Lows. Trade pressures are up. Volume are bullish.

Daily – Flat. In the second leg up. Trade pressures are up. Volumes are bullish.

The next target up is 43.82.

At the March price gap at 42. A close below 31.08 would signal lower.

 

NAT GAS_ NGN20

Weekly – The down trend continues. Trade pressures are down. Volumes remain bearish.

Daily – Flat. In consolidation at the lows around 1.74. Trade pressures are up into the neutral zone. Volumes are bearish. No volume signs of accumulation yet.

The next target down is a retest of the lows.

A close above 1.86 would signal a new move up.