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CRUDE_ CLM21

Weekly – In the Dec 2020 uptrend. Trade pressures are up but reversing. Volumes are now neutral.

Daily – Flat. In the move up but divergences are showing. Trade pressures are down. Volumes are bearish.

The next target up is the prior high at 53.40.

A Close below 51.11 would signal lower.

 

NATGAS_ NGH21

Weekly – In the December 2020 move down. Trade pressures are up ionto the neutral zone. Volumes are bearish.

Daily – Flat. Consolidating around the 2.45 downside target. Trade pressures are down. Volumes are bearish.

The next target down is the prior low at 2.26.

A close above 2.52 would signal a retracement up.