#crudeoilfutures #naturalgasfutures
CRUDE_ CLM21
Weekly – In the Dec 2020 uptrend. Trade pressures are now up. Volumes are bullish.
Daily – Flat. A new retracement short entry at 64.67 inside the move up. Trade pressures are down but rising. Volumes are bearish.
The next target down is 61.36.
A close above 65.29 would restart the move up.
NAT GAS_ NGM21
Weekly – In the Dec 2020 downtrend. Trade pressures are up. Volumes are bullish.
Daily – Flat. Stuck at the 200 day MA, 2.98. Trade pressures are up. Volumes are bullish.
The next target up is 3.06.
A close below 2.86 would signal lower.