CRUDE_ (WTI) in the July contract.

Weekly – Still at the 25 moving average resistance. Trade pressures are rising but till negative. Volume is bullish for these last six weeks.

Daily – The retracement trade form the 48.55/49.14 adjusted for the new contract long entry is still on. The next target up is 63.74. a shorter cycle long is also on from a long entry of 55.08. That trade is consolidating at the 62.62 target.

Stops at 56.20.

NAT GAS_

Weekly – Two weeks of bullish volume has produce a small up move. Trade pressures are down but now beginning to trend upward.

Daily – The 2.40 area provided support. A close above the 2.65 long entry started a new move up to the first target of 3.00. The next target up is 3.36.

Stops at the 2.65 long entry.