#crudeoilfutures #naturalgasfutures
CRUDE_ CLN21
Weekly – In the December 2020 uptrend. Trade pressures are up but turning down. Volumes are bearish.
Daily – Flat. In a retracement down of this uptrend. Trade pressures are down but rising. Volumes are bullish.
The net target down is 60.37.
A close above 63.98 would signal higher.
NAT GAS_ NGN21
Weekly- In the December uptrend. Trade pressures are up. Volumes are bearish.
Daily – Flat. In the move down from the 3.05 200 day MA. Trade pressures are down. Volumes are bearish.
The next target down is 2.80.
A close above 3.05 would signal higher.