#crudeoilfutures #naturalgasfutures
CRUDE_ CLM21
Weekly – The October 2018-2020 trendline is holding as support. Trade pressures have turned back up. Volumes are bullish.
Daily – Flat. In the April move up. trade pressures are now down. Volumes are now neutral.
In a two day pullback, if price breaks above 65.32 then the next target up is the prior high of 66.76.
A close below the new short trigger at 64.00 would signal lower.
NAT GAS_ NGM21
Weekly – Testing the Dec 2020 Downtrend resistance a t 3.12. Trade pressures are up. Volum es are bullish.
Daily – Flat. In the uptrend from the April long entry art 2.78. Trade pressures are now down into the neutral zone. Volumes are bullish.
The next target up is 3.08.
A close below 2.79 would signal lower.