#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ20

Weekly – Vaccine hopes spur speculation. Trade pressures are up. Volumes are bullish.

Daily – Flat. In a retracement up after the 35.86 short entry was signaled. Trade pressures are down. Volumes are neutral.

The next target down is a retest of the short entry at 35.86.

A close above 42.17 would signal higher.

 

NAT GAS_ NGZ20

Weekly – Remains in the up trend. Trade pressures are down. Volumes are  neutral.

Daily – Flat. In a retracement move up, but weekly pressure is still down. Trade pressures are up. Volumes are neutral.

The next target up is 3.22.

A close below 2.87 would signal lower.