#crudeoilfutures #naturalgasfutures
CRUDE_ CLX20
Weekly – In consolidation between 30- 40. Trade pressures are down. Volumes are neutral.
Daily – Flat. Remains in the move up. Trade pressures are up. Volumes are bullish.
The next target up is is the 200 day MA at 44.21.
A close below 35.05 would signal lower.
NAT GAS_ NGV20
Weekly – Has tested the uptrend support. Trade pressures are down. Volumes are bearish.
Daily – Flat. In the move down from the 2.28 short entry. Trade pressures are down. Volumes are bearish.
The next target down is 1.82.
A close above 2.45 would signal higher.