Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ20

Weekly – Remains in the 35-42 channel. Trade pressures are up into the neutral zone. Volume are bearish.

Daily – Flat. Sideways. Trade pressures are down. Volumes are bearish.

The next target down is the 35.05 short entry.

The next target up is the 25.22 new long entry.

 

NAT GAS_ NGZ20

Weekly – Remains in the uptrend. Trade pressures are up. Volumes are neutral.

Daily – Flat. Very technical. Trade pressures are up but reversing. Volumes are bullish.

The next target up is 3.41.

A close below 3.10 would signal lower.