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CRUDE_ CLM21 (JUNE contract)

Weekly – In the new December uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the retracement move lower from the 47.23 short entry. Trade pressures are rising into the neutral zone. Volumes are neutral.

The next target down is 44.83.

A close above the high pivot at 49.49 would signal higher.

 

NAT GAS_ NGH21

Weekly – In the November downtrend. Trade pressures are down but rising. Volumes are neutral.

Daily – Flat. Retracing inside the up move. Trade pressures are down. Volumes are bearish.

The next target down is 2.42.

A close above 2.55 would restart the move up.