#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ21

Weekly – In the Jan 2021 uptrend. Trade pressures are down. Volumes are bullish.

Daily – Flat. In the move down from the 70.50 short entry. Trade pressures are up but pointing down. Volumes are neutral.

The next target down is a retest of 64.17.

A close above 68.63 would signal higher.

 

NAT GAS_ NGZ21

Weekly – In the April 2020 uptrend. Trade pressures are up. Volumes are bearish.

Daily – Flat. The uptrend line has been broken. Trade pressures are down. Volumes are bearish.

The next target down is 3.92.

A close above 4.21 would signal higher.