#crudeoilfutures #naturalgasfutures

CRUDE_ CLQ20

Weekly – Stuck here at 40-41, trying to close the gap. Trade pressures are up. Volumes are bullish, but very low.

Daily – Flat. In the move up from the 28.60 long entry. Trade pressures are down into the neutral zone. Volumes are bullish.

The next target up is 44.07.

A close below 33.32 would signal lower.

 

NAT GAS_ NGQ20

Weekly – Cannot break the weekly downtrend. Trade pressures are up into the neutral zone. Volumes are bearish.

Daily – Flat. In a retracement move up from the 1.68 long entry. Trade pressures are don. Volumes are bearish.

The next target up is 1.86.

A close below the 1.51 low pivot would signal a new move lower.