#crudeoilfutures #naturalgasfutures
CRUDE_ CLM21
Weekly – In the Dec 2020 uptrend. Trade pressures are up. Volumes are bullish.
Daily – Flat. in the move up from the Nov 2020 break above the 200 Day MA. Trade pressures are Volumes are bearish.
The next target up is 53.98, the prior high.
A close below 51.30 would signal lower.
NAT GAS_ NGH21
Weekly – Rising in the Dec 2020 downtrend. Trade pressures are up. Volumes are bearish.
Daily – Long. In the move up from the 2.52 level. Trade pressures are down. Volumes are bullish.
The next target up is 2.79, then 2.92.
A close below 2.60, the 25×5 MA, would signal lower.