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CRUDE_ CLU20

Weekly – ran up to 42.50 but still in the weekly downtrend.. Trade pressures are up. Volumes are bullish.

Daily – Flat. Near the 44.07 upside target . Trade pressures are down. Volumes are bullish.

The next target up is the 44.07.

In a retracement now. A close below 34.04 would signal lower.

 

NAT GAS_ NGU20

Weekly – Remains in the steady move down. Trade pressures are just peeking up out of the neutral zone. Volumes are bearish.

Daily – Flat. In the new leg up off the 1.74 long entry price. Trade pressures are up. Volumes are  bullish.

The next target up is 1.92.

AS long as the weekly remains bearish hard to get a sustained move up. A close back below 1.64 would signal lower.