CRUDE_ WTI

Weekly – Have crossed over the 25×5 moving average signaling bullish. Trade pressures are up and Volume is bullish. Need to break above 62.58 to confirm the move up.

Daily – In the March trade up from 49.15 looking for the 63.74 target. The stop is at 56.20. The short cycle trade triggered at 60.54 has a new target of 67.02 but the prior 63.52 high will provide resistance. Trade pressures are down and Volume has turned neutral suggesting some distribution.

Stops at 56.20.

NAT GAS_

Weekly – still in a down trend. Volume is bearish. Trade pressures are up. need a close above 3.22 to confirm any move up.

Daily – Trade pressures have moved up to neutral. Volume sis neutral as well. The long trade started at 2.65 and met the first target at 3.009.

The trade profit was taken there and no new trade has been signaled.