Oil & Gas

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CRUDE_ CLN20.

Weekly – Rallying in the down trend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In consolidation at the 31.54 target level. Trade pressures are dwon into the neutral zone. Volumes are bullish.

The next target up is 42. 84.

A close below 27.30 would signal lower.

 

NAT GAS_ NGN20

Weekly – Still in the long downtrend. Trade pressures are down. Volumes are bearish.

Daily – Long . In the move up from the 1.91 new long entry. Trade pressures are down. Volumes are bearish.

The next target up is 2.08.

The stop is 1.74.

A close below 1.74 would signal lower.