#crudeoilfutures #naturalgasfutures
CRUDE_ CLV20
Weekly – Still tracking sideways. Trade pressures are down into the neutral zone. Volumes are bearish.
Daily – Flat. Now in a new downtrend. Trade pressures are down. Volumes are bearish.
The next target down is 38.88.
A close above the 25×5 MA at 42.41 would signal higher.
NAT GAS_ NGV20
Weekly – In the uptrend. Trade pressures are up. Volumes are bullish.
Daily – Flat. In the move up from 2.35. Trade pressures are up. Volumes are bullish.
The next target up is the prior high of 2.74.
A close below 2.28 would signal lower.