#crudeoilfutures #naturalgasfutures

CRUDE_ CLM21

Weekly – Riding the 40 resistance since May. Trade pressures are up. Volumes are bullish.

Daily  – Long. New uptrend starts here at 42.47. Trade pressures are up. Volumes are bullish.

New long at 42.47. the next target up is 52.00

A close below 39.76 would signal lower and act as the stop.

 

NAT GAS_ NGM21

Weekly – Testing the uptrend support line at 2.69. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 3.27 short entry level. Trade pressures are down and trending. Volumes are bearish.

The next target down is 2.47.

A close above 2.91 would signal higher.