Oil & Gas

rudeoilfutures #naturalgasfutures

CRUDE_ CLZ21

Weekly – In the August 2020 uptrend. Trade pressures are down but rising. Volumes are bullish.

Daily – Flat. The break above 64.10 started the retracement up. Trade pressures are up. Volumes are bullish.

The next target up is 69.83.

A close below 66.42 would signal lower. Use that as a stop.

 

NAT GAS_ NGZ21

Weekly – In the April 2020 uptrend. Trade pressures are up but declining. Volumes are bullish.

Daily –  Flat. In the move up from the break above the 4.12 long entry trigger. Trade pressures are up. Volumes are bullish.

The next target up is 4.66.

A close below 4.22 would signal lower.