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CRUDE_ CLU21

Weekly – In the December uptrend. Trade pressures are up but turning over. Volumes remain bullish.

Daily  – Short. In the new move down from the new short entry at 73.69 on 7/14. Trade pressures are down. Volumes are bearish.

The next target down is 69.03.
[07-20-21: Take profits at the 65.95 target.]

A close above 73.34 would signal higher and stop the short trade out.

 

NAT GAS_ NGQ21

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

Daily – Short. In the move down from the 3.62 short entry on 7/7. Trade pressures are down. Volumes are bearish.

The next target down is 3.40.

A close back above the 3.68 resistance would signal higher and stop the short trade. Since the weekly is still bullish, keep tight stops, adjusting regularly.
[07-16-21: stopped out at a loss.]