#crudeoilfutures #naturalgasfutures
CRUDE_ CLZ21
Weekly – Remains in the Dec 2020 uptrend. Trade pressures are up. Volumes are bullish.
Daily – Long. In the move up from the break out at 70.12. Trade pressures are up but rolling over. Volumes are bullish.
The next target up is 72.75.
A close below 69.70 would signal lower. Use 69.70 as the stop.
[9-20-21: stopped out at 69.70.]
NAT GAS_NGZ21
Weekly – In the April 2020 uptrend. Trade pressures are up. Volumes are bearish.
Daily – Long. Still in the move up from the 8/26 4.29 entry. Trade pressure are up. Volumes are neutral.
Reached the high of 5.79. The next target up is 5.63
Now in a retracement. The next target down is 5.09.
Set the stop at 4.89.
[09-21-21: stopped out at 4.89.]