Oil & Gas

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CRUDE_ CLM21

Weekly – Closed above the 64.23 161% (extended) target. Trade pressures are up. Volumes are bullish.

Daily – Flat. Closed above the 62.96 extended target. Trade pressures are up. Volumes are bullish.

The next target is 65.84.

A close below 63.55 would signal lower.

 

NAT GAS_ NGK21

Weekly – Grinding sideways in the downtrend. Trade pressures are down into the neutral zone.

Daily – Flat. At 2.67, the uptrend support line. Trade pressures are down. Volumes are bearish.

The next target down is 2.62.

A close above 2.81 would signal higher.