Oil & Gas

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CRUDE_ CLM21

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

Daily – Flat. In the move up from the 53 breakout in early Feb. Trade pressures are up but reversing. Volumes are bullish.

The next target  up is 62.96.

A close below 56.71 would signal lower.

 

NAT GAS_ NGH21

Weekly – Wintery blast covers the US. Trade pressures are up. Volumes are bullish.

Daily – Flat. In consolidation after reaching the 3.06 upside target. Trade pressures are in the neutral zone. Volumes are bullish, but mixed over the week.

The next target up is 3.45.

A close below 2.68 would signal lower.