Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM21

Weekly – In the Dec uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the Nov uptrend. Trade pressures are up. Volumes are bullish. The third leg up broke out at 52.71.

The next target up is 57.84.

A close below 54.18 would signal lower.

 

NAT GAS_ NGH21

Weekly – In the Dec downtrend. Trade pressures are up. Volumes are bearish.

Daily – Flat. Out of the breakout trade at a breakeven. Trade pressures are up. volumes are bearish.

The next target up is 3.00 at the 200 day MA.

A close below 2.68 would signal lower.