Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLH20

Weekly – Still in the downtrend but rising. Trade pressures are up. Volumes are bullish.

Daily – Flat in the move up from the 54.42 entry. Trade pressures are in the neutral zone. Volumes are bullish.

The next target up is 59.17.

A close below 53 75 would signal lower.

 

NAT GAS_ NGH20

Weekly – Stuck between 2.50 and 3.00. Trade pressures are down into the neutral zone. Volumes are bullish.

Daily – Long. In the move up from the 2.69 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 2.90.

A close below the 2.55 low pivot would signal lower.

Set the stop at the 2.55 pivot.

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