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CRUDE_ CLM21

Weekly – In the December move up. Trade pressures are up. Volumes are bearish for the first time in two months.

Daily – Short. In the retracement move down from the 58.81 short entry. Trade pressures are up but reversing. Volumes are bearish.

The next target down is 55.38.

A close above 59.60 would signal higher.

[2-26-21: Short entry is 61.19. with a stop at 62.01]

 

NATGAS_ NGH21

Weekly – Rallied to test the resistance at 3.25. Trade pressures are up. Volumes are bearish..

Daily – Flat. Consolidating above the 200 day MA at 2.915. Trade pressures are up but turning down to the neutral zone. Volumes are neutral.

The next target down is 2.86, the new short entry.

A close above 3.15 would restart the move up.