#crudeoilfutures #naturalgasfutures
CRUDE_ CLZ21
Weekly – In the Dec 2020 uptrend. Trade pressures are up into the neutral zone. volumes are bearish.
Daily -Flat. Retracing the July move down. Trade pressures are up. Volumes are bullish.
The next target up is 69.83 which would start a new uptrend.
A close below 66.24 would signal lower.
NAT GAS_ NGZ21
Weekly – In the April 2020 uptrend. Trade pressures are up and trending. Volumes are bullish.
Daily – Flat. In the April rally from 3.00. Trade pressures are up. Volumes are bullish.
In the second leg up from the 4.29 new long entry. The next target up is 4.88.
A close below 4.64 would signal retracement.