#crudeoilfutures #naturalgasfutures
CRUDE_ CLG19
Weekly – In the move down from the 67.25 level. Trade pressures remain down. Volumes are bearish.
Daily – Flat. In the second leg down from the 48.30 level. Trade pressures are down. Volumes are bearish.
The next target down is 37.74.
Need a close above 45.88 to signal higher.
NAT GAS_ QNG19
Weekly – Back to the 25×5 MA and support at 3.30. Trade pressures are down into the neutral zone.
Daily – Flat. At the 3.19 downside target level. Trade pressures are down. Volumes are bearish.
The next target down is 2.760.
A close above 3.74 would signal higher.