Oil & Gas

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CRUDE_ CLX20

Weekly – In consolidation between 30- 40. Trade pressures are down. Volumes are neutral.

Daily – Flat. Remains in the move up. Trade pressures are up. Volumes are bullish.

The next target up is is the 200 day MA at 44.21.

A close below 35.05 would signal lower.

 

NAT GAS_ NGV20

Weekly – Has tested the uptrend support. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 2.28 short entry. Trade pressures are down. Volumes are bearish.

The next target down is 1.82.

A close above 2.45 would signal higher.