#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ21

Weekly – In the November 2020 up trend. Trade pressures are up. volumes remain bullish.

Daily – Flat. In the move down from the 85.40 high. Trade pressures are down. Volumes are bullish.

The next target down is 78.05. Need a confirmation of a close below the 8058 low and the volume change.

A close above 84.21 would resume the move up.

 

NAT GAS_ HGZ21

Weekly – In the June 2021 uptrend. Trade pressures are down into the neutral zone. Volumes are bearish.

Daily – Flat. Lower lows and lower highs. Trade pressures are down. Volumes are bearish.

The next target down is 5.26.

A close above 5.99 would signal higher.