#crudeoilfutures #naturalgasfutures
CRUDE_ CLH20
Weekly – In the move down but at support levels.Trade pressures are down. Volumes are bearish.
Daily – Flat. At downside target levels and testing the prior lows. trade pressures are down but showing some divergences. Volumes are bearish.
The next target down is 47.91.
A close above 54.12.
NAT GAS_ NGH20
Weekly – Remains in the downtrend. Trade pressures are down. Volumes are bearish.
Daily – Flat. Trade pressures are down. Volumes are bearish.
The next target down is 1.666.
The 180 min chart has signaled a new long. A daily close above 1.94 will signal higher.