#crudeoilfutures #naturalgasfutures
CRUDE_ CLZ21
Weekly – In the December 2020 uptrend. Trade pressures are up. Volumes are bearish.
Daily – Flat. In the move up from the 64.50 long entry. Trade pressures are up into the neutral zone. Volumes are now bullish.
The 70.93 resistance break will signal a new move up.
A close below 67.55 would signal lower. The moving average at 61.74 would be a likely target.
NAT GAS_ NGZ21
Weekly – In the April 2020 uptrend. Trade pressures are up. Volumes are bullish.
Daily – Long; in the move up from the 8/26 4.29 entry. Trade pressure are up. Volumes are bullish.
The next target up is 5.48.
A close below 4.96 would be the stop.