#crudeoilfutures #naturalgasfutures

CRUDE_ CLX20

Weekly – Still in the ;log term downtrend. Trade pressures are down. V\olumes are bearish.

Daily – Flat. In the downtrend but up at the resistance levels. Trade pressures are up. Volumes are bullish.

The next target down is 35.05.

A close above the 25×5 MA at 40.50 would signal higher.

 

NAT GAS_ NGX20

Weekly – In the uptrend and now backtesting the support at 2.36. Trade pressures are down. Volumes are bullish.

Daily – Flat. In the move down from the 2.95 short entry. Trade pressures are up. Volumes are bullish.

The next target down is 2.48.

A close above the 200 day MA at 2.948 would signal higher. Look for a pullback before an entry.

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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.

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CRUDE_  CLV20

Weekly – A break to the down side. Trade pressures are down. Volumes are bearish.

Daily – Flat. Down all week. Trade pressures are down and trending. Volumes are neutral.

The next target down is 35.05.

The close above 37.29 signals a retracement up with a like test of resistance at 41.00.

 

NAT GAS_ NGV20

Weekly – In a pullback inside the weekly move up. Trade pressures aer up but declining. Volumes are neutral.

Daily – In a new move down. Trade pressures are down. Volumes are bearish.

The next target down is 1.82.

A close above 2.47 is required to restart the move up.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLV20

Weekly – Still tracking sideways. Trade pressures are down into the neutral zone. Volumes are bearish.

Daily – Flat. Now in a new downtrend. Trade pressures are down. Volumes are bearish.

The next target down is 38.88.

A close above the 25×5 MA at 42.41 would signal higher.

 

NAT GAS_ NGV20

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

Daily – Flat. In the move up from 2.35. Trade pressures are up. Volumes are bullish.

The next target up is the prior high of 2.74.

A close below 2.28 would signal lower.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLV20

Weekly – Remains in the long term downtrend. Trade pressures are up but showing some divergences. Volumes are bullish.

Daily – Flat. In the move up and consolidating at the 44 level. Trade pressures are down into the neutral zone. Volumes are bullish.

The next target up is 44.07.

A close below 35.05 would signal lower.

 

NAT GAS_ NGV20

Weekly – Remains in the new up trend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Still in the move up started in early July. Trade pressures are up and trending. Volumes are bullish.

The next target up is 2.80.

A close below the 200 Day MA  at 2.30 would signal a new  move down.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLV20

Weekly – Still in the 40-43 range. Trade pressures are up but declining. Volumes are bullish.

Daily – Flat. In the move sideways. Trade pressures are down. Volumes are neutral.

The next target up is 44.07

The next target down is 35.05

 

Nat Gas_ NGU20

Weekly – In the new up trend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Starting to see the megaphone, higher highs and lower lows = indecision. Trade pressures are up but declining. Volumes are bullish.

The next target up is 2.70.

A close below 2.27 would signal lower.

 

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU20

Weekly – Remains in the 40-43 channel. Trade pressures are up but reversing.

Daily – Flat. In the move up from the May 28.61 long entry. Trade pressures are down. Volumes are bullish.

Anticipating Saudi production cuts.The next target up is 44.07.

A close below 35.05 would signal lower.

 

NAT GAS_ NGU20

Weekly – First week in the new weekly uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 1.74 long entry in June and the second leg up in July. Trade pressures are now up. Volumes are bullish.

The next target up is 2.70.

A close back below the 200 day MA would signal lower.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU20

Weekly – Rallied to the 43.00 upper bound. Trade pressures are up but reversing. Volumes are bullish.

Daily – Flat. The move up stopped near the 44.39 target. Trade pressures are down. Volumes are bearish.

The next target up is 47.11.

A close below 35.05 would signal lower.

 

NAT GAS_ NGU20

Weekly – Big week up. Trade pressures are up. Volumes are bullish.

Daily – Flat. The move up from 1.74 continues. Trade pressures are up. Volumes are bullish.

The next target up is the 200 day MA at 2.31.

A close below 1.89 would signal lower.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU20

Weekly – Still stuck at the 40-42 level. Trade pressures are up but reversing. Volumes are neutral.

Daily – Flat. Still in the move up. Trade pressures are down. Volumes are neutral.

The next target up is 44.07.

A close below 34/04 would signal lower.

 

NAT GAS_ NGU20

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

Daily – Flat. In the move up from the 1.74 level. Trade pressures are down. Volumes are bearish.

The next target up is 2.00.

A close below 1.64 would signal lower once again.

One would think the business demand to be down as office buildings are not fully occupied. Vaccine approvals will likely be the key to recovery in this market.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU20

Weekly – ran up to 42.50 but still in the weekly downtrend.. Trade pressures are up. Volumes are bullish.

Daily – Flat. Near the 44.07 upside target . Trade pressures are down. Volumes are bullish.

The next target up is the 44.07.

In a retracement now. A close below 34.04 would signal lower.

 

NAT GAS_ NGU20

Weekly – Remains in the steady move down. Trade pressures are just peeking up out of the neutral zone. Volumes are bearish.

Daily – Flat. In the new leg up off the 1.74 long entry price. Trade pressures are up. Volumes are  bullish.

The next target up is 1.92.

AS long as the weekly remains bearish hard to get a sustained move up. A close back below 1.64 would signal lower.