#crudeoilfutures #naturalgasfutures
CRUDE_ CLM21
Weekly – Now pulling back form the 64.23 upside target. Trade pressures are up but declining. Volumes are neutral.
Daily – Flat. In the move down from the 65.54 short entry for the retracement. Trade pressures are down. Volumes are now neutral.
The next target down is 55.98.
A close above 63.14 would signal higher.
NAT GAS_ NGK21
Weekly – In the December 2020 downtrend. Trade pressures are down. Volumes are bearish.
Daily – Flat. At the 161% downside target. Trade pressures are down but rising. Volumes are bullish.
The next target down is 2.34.
A close above 2.64 would signal a new move up.