CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 05 FEB TO 09 FEB 2024

CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 05 FEB TO 09 FEB 2024

by admin- Saturday, February 3rd, 2024 10:22:28 AM

CRUDE RANGE 5400/6700
EXPECTED VOLATILITY

LEVEL 1 – CRUDE FEB BUY RISKY ABOVE 6060 SUSTAIN TGTS 6100/50 SL 6020 RES 6400 IMP 1ST THEN 6700
LEVEL 2 – CRUDE BELOW 6020 SELL TGTS 5980/20 SL 6060 SUP 5700 IMP THEN 5400 SUP RISKY SL 5370

NAT.GAS RANGE 120/230
TESTING VOLTILE LEVELS

LEVEL 1 – NAT.GAS FEB BUY ABOVE 177 TGTS 182/87 SL 174 RES 200 IMP THEN 230
LEVEL 2 – SELL BELOW 174 TGTS 169/64 SL 177 SUP 150 IMP. THEN 120 FOR REVERSE SL 117 RISKY BELOW SUSTAIN DIP

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