#crudeoilfutures #naturalgasfutures
CRUDE_ CLV20
Weekly – A break to the down side. Trade pressures are down. Volumes are bearish.
Daily – Flat. Down all week. Trade pressures are down and trending. Volumes are neutral.
The next target down is 35.05.
The close above 37.29 signals a retracement up with a like test of resistance at 41.00.
NAT GAS_ NGV20
Weekly – In a pullback inside the weekly move up. Trade pressures aer up but declining. Volumes are neutral.
Daily – In a new move down. Trade pressures are down. Volumes are bearish.
The next target down is 1.82.
A close above 2.47 is required to restart the move up.