Oil & Gas

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CRUDE_ CLM21

Weekly – Now pulling back form the 64.23 upside target. Trade pressures are up but declining. Volumes are neutral.

Daily – Flat. In the move down from the 65.54 short entry for the retracement. Trade pressures are down. Volumes are now neutral.

The next target  down is 55.98.

A close above 63.14 would signal higher.

 

NAT GAS_ NGK21

Weekly – In the December 2020 downtrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. At the 161% downside target. Trade pressures are down but rising. Volumes are bullish.

The next target down is 2.34.

A close above 2.64 would signal a new move up.