COAL did BO the BLACK BULL FLAG on the daily but was against RES at the GREEN Vertical LINE which BTU BO today. On the Daily COAL looks bullish where there is also a Bullish EMA(13/34) cross-over! All FOUR Horsemen (the 4 indicators above the chart – see thumbnail; TSI/MACD) + TRIX are in positive territory and as well Crossed over positive. Clearly next RES is the PURPLE down sloping dashed lines which comes in at approx. 23-ish.

When looking at the weekly it is promising that the lower line of the BLUE rectangle did hold and provided Support. Next for COAL/BTU to get across is a weekly closing above W-EMA( 30) @ 23.15.

COAL takes little baby steps as mentioned before. BTU looks good and promising with some overhead RES to overcome.

This is a follow-up:

https://goldtadise.com/?p=583534

https://goldtadise.com/?p=583340

https://goldtadise.com/?p=582857

IMO.DYODD.