Oil & Gas

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CRUDE_ CLN21

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

Daily – In the move up from the long entry at 65.77. Trade pressures are up and trending. Volumes are bullish.

The next target up is 74.23.

A close below would 68.39 would signal lower.

 

NAT GAS_ NGN21

Weekly – In the Dec 2020 downtrend, Trade pressures are up but near the neutral zone.

Daily – Short. In the move down from the 3.01 short entry. Trade pressures are down into the neutral zone. Volumes are bullish.

The next target  down is 2.80.

A close above 3.20 would signal higher and should be used as the stop.