Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLV20

Weekly – Still in the 40-43 range. Trade pressures are up but declining. Volumes are bullish.

Daily – Flat. In the move sideways. Trade pressures are down. Volumes are neutral.

The next target up is 44.07

The next target down is 35.05

 

Nat Gas_ NGU20

Weekly – In the new up trend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Starting to see the megaphone, higher highs and lower lows = indecision. Trade pressures are up but declining. Volumes are bullish.

The next target up is 2.70.

A close below 2.27 would signal lower.