Oil & Gas

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CRUDE_ CLM21

Weekly – The break above 64.28 has produced résistance. Trade pressures are up but declining.

Daily – Flat. Still in the move down However Trade pressures are turning up. Volumes are bullish.

The next target down is 56.03.

A close above 62.31 would signal higher.

 

NAT GAS_ NGM21

Weekly – In the December 2020 downtrend. Trade pressures are down but rising.

Daily – Flat. Still in the down trend. Trade pressures are down. Volumes are bullish.

The next target down is 2.43 and is nearby.

A close above 2. 69 would signal higher.