Lukoil is trading in a bullish trend . for more than 1 month the price is consolidating within a wide horizontal trading range.
based on the preceding price action our bias is bullish here and we are waiting for a bullish violation of the range. daily breakout will trigger a buying reaction and the price will most likely keep growing.
on a mid-term perspective caterpillar is trading in a bullish trend . at the beginning of June, the correction started and for the last two weeks the price was steadily going down within a falling channel but NOW it looks like the market is returning to a trend.
the price broke above a resistance line of a bullish flag formation. the breakout is considered to be confirmed and we now can expect a further bullish continuation.