#crudeoilfutures #naturalgasfutures
CRUDE_ CLH20
Weekly – New weekly lows. Trade pressures are down. Volumes are bearish.
Daily – Flat. Consolidating around the 49.34 low pivot. Trade pressures are down but rising. Volumes remain bearish.
The next target down is 43.92.
A close above 52.94 would signal higher.
NAT GAS_ NGH20
Weekly – Bullish close. Trade pressures are down. and trending. Volumes are bearish.
Daily – Flat. Seems ready for a retracement move up is this long downtrend. Trade pressures are up. Volumes are bearish.
The next target down is 1.69.
A close above 1.95 would signal higher.