CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 06 MAY TO 10 MAY 2024

CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 06 MAY TO 10 MAY 2024

by admin- Saturday, May 4th, 2024 08:54:44 AM

CRUDE RANGE 5900/7100
EXPECTED VOLATILITY UP

LEVEL 1 – CRUDE MAY BUY RISKY ABOVE 6580 SUSTAIN TGTS 6630/6680 SL 6540 RES 6800 IMP 1ST IF SUSTAIN THEN ONLY 7100
LEVEL 2 – CRUDE BELOW 6540 SELL TGTS 6490/6440 SL 6580 SUP 6200 IMP THEN 5900 SUP RISKY SL 5870

NAT.GAS RANGE 130/240
TESTING VOLTILE LEVELS

LEVEL 1 – NAT.GAS MAY BUY ABOVE 180 TGTS 185/90 SL 176 RES 210 IMP THEN 240
LEVEL 2 – SELL BELOW 175 TGTS 170/65 SL 179 SUP 150 IMP. THEN 130 FOR REVERSE SL 127

News Updates