#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ21

Weekly – In the Jan 2021 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 71.00 new long entry. Trade pressures are up but declining. Volumes are bullish.

The next target up is the prior high at 78.26. [Correction: 76.26]

A close below 73.57 would signal lower.

 

NAT GAS_ NGZ21

Weekly – Big sell volumes at the spike high. Trade pressures are up. Volumes are now bearish.

Daily – Flat. In a retracement down off the 6.46. spike high. Trade pressures are up but pointing down. Volumes are bearish.

The next target down is prior upside target at 5.49.

The next target up is the 6.43 prior high.