CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 15 MAY TO 19 MAY 2023

CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 15 MAY TO 19 MAY 2023

by admin- Saturday, May 13th, 2023 08:42:12 AM

CRUDE RANGE 5250/6400
EXPECTED VOLATILITY

LEVEL 1 – CRUDE MAY BUY RISKY ABOVE 5780 SUSTAIN TGTS 5830/80 SL 5750 RES 6100 IMP THEN 6400
LEVEL 2 – CRUDE BELOW 5750 SELL TGTS 5700/5650 SL 5780 SUP 5450 IMP THEN 5250 SUP RISKY SL 5220

NAT.GAS RANGE 150/228
TESTING VOLTILE LEVELS

LEVEL 1 – NAT.GAS MAY BUY ABOVE 191 TGTS 196/201 SL 188 RES 210 IMP THEN 228
LEVEL 2 – SELL BELOW 188 TGTS 183/78 SL 191 SUP 170 IMP 1ST THEN 150 FOR REVERSE SL 147 RISKY BELOW SUSTAIN DIP

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