#crudeoilfutures #naturalgasfutures

CRUDE_ CLV20

Weekly – Remains in the long term downtrend. Trade pressures are up but showing some divergences. Volumes are bullish.

Daily – Flat. In the move up and consolidating at the 44 level. Trade pressures are down into the neutral zone. Volumes are bullish.

The next target up is 44.07.

A close below 35.05 would signal lower.

 

NAT GAS_ NGV20

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

Daily – Flat. Still in the move up started in early July. Trade pressures are up and trending. Volumes are bullish.

The next target up is 2.80.

A close below the 200 Day MA  at 2.30 would signal a new  move down.