Oil & Gas

CRUDE_

Weekly – Trade pressures are still down but continue trending up. At the 25×5 resistance. Volume is bullish.

Daily – In the long trade from 48.19 and has moved thru the full target and near the extended target of 62.79 with a high of 62.57. Trade pressures are up but declining. Volume has turned bearish, but is now neutral.

Stops at 56.20.

NAT GAS_

Weekly – Trade pressures are still down. Volume has turned bullish from neutral.

Daily – in a long trade from the 2.66 entry price. the next target up is 3.01. Trade pressures are up but declining. Volume is bullish.

Stops at the entry price.