#crudeoilfutures #naturalgasfutures
CRUDE_ CLX19
Weekly – has fallen back to the up trend support line. Trade pressures are in the neutral zone. Volumes are bearish.
Daily – Flat. In the move down off the the breakdown from the spike highs. Trade pressures are down. Volumes are now neutral.
The next target down is 50.23.
A close above 54.20 would signal higher.
NAT GAS_ NGX19
Weekly – Remains in the downtrend. Trade pressures are in the neutral zone. Volumes are bullish.
Daily – Flat. In the move down. Trade pressures are down but rising. Volumes are bullish.
The next target down is 2.16.
A close above the nearby 2.37 level would signal higher.