#crudeoilfutures #naturalgasfutures
CRUDE_ CLQ20
Weekly – In the move up and testing the 42.33 upside target. Trade pressures are up. Volumes are bullish.
Daily – Flat. Trying to fill the gap at 37-43. Trade pressures are up. Volumes are bullish.
The next target up is the 43.22 gap.
A close below 24.32 would signal lower.
NAT GAS_ NGQ20
Weekly – Still in the May downtrend. Trade pressures are down. Volumes remain increasingly bearish.
Daily – Flat. The attempt art a new long entry failed immediately. Trade pressures are down but rising. Volumes are now neutral.
The next target down is 1.66.
A close above 1.83 would signal higher. The 2H chart is in a new move up, but the average true range si too high to set proper stops.