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CRUDE CLN21

Weekly – In the December 20202 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the May move up from 65.77. Trade pressures are up and showing some divergence. Volumes are bullish.

The next target up is 74.23.

A close below 69.28 would signal lower.

 

NAT GAS_ NGN21

Weekly – Testing the resistance of the early December 2020 downtrend. Trade pressures are just up out of the neutral zone. Volumes are bullish.

Daily – Short. In the move down from the 3.01 short entry but is moving against the trade.. Trade pressures are up but declining. Volumes are bullish.

The next target down is 2.80.

Has moved up to resistance. A break this this would trigger the 3.22 stop.

[06-11-21: Triggered the stop for a loss in the premarket.]