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CRUDE_ CLM21

Weekly – Consolidating at the 64.28 target. The 2019-2020 trendline is broken to the upside. Trade pressures are in the neutral zone. Volumes are bullish.

Daily – Flat. Couldn’t get short with the conflict in the weekly and the daily. Trade pressures are up. Volumes are bearish.

The next target up is 65.76.

A close below 61.00 would signal lower.

 

NAT GAS_ NGM21

Weekly – Testing the December 20202 downtrend resistance. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 2.78 level. Trade pressures are up but declining. Volumes are neutral.

The next target up is 3.06.

A close below 2.77 would signal lower.