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CRUDE_ CLQ20

Weekly – Tracking just under the 200 week MA. Trade pressures are up. Volum es are bullish.

Daily – Flat. In the move up from the May 28.61 long entry. Trade pressures are down but reversing. Volumes are bearish.

the 25×5 is support at 37. The next target up is 44.07.

A close below the 25×5 MA would signal more retracement. but still in the move up. A close below 25.26 would signal a new short entry.

 

NAT GAS_ NGU20

Weekly – In the long move down since the 1Q19. Trade pressures are down. Volumes remain bearish.

Daily – Flat. In the move down from the November short entry at 2.64. Trade pressures are remain down. Volumes are bearish.

At the 1.59 down side target. The next target down is 0.49.

Know as the widow maker; unless you are on the correct side of the long term move.

No Trade.