CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 16 MAY TO 20 MAY 2022

CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 16 MAY TO 20 MAY 2022

by admin- Saturday, May 14th, 2022 09:26:34 AM

CRUDE RANGE 7700/9200
EXPECTED VOLATILITY

LEVEL 1 – CRUDE MAY BUY RISKY ABOVE 8550 SUSTAIN TGTS 8600/60 SL 8520 RES 8700 THEN 9200
LEVEL 2 – CRUDE BELOW 8500 SELL TGTS 8450/00 SL 8530 SUP 8200 IMP THEN 7700 SUP REVERSE BUY RISKY SL 7670 IF SUSTAINS BELOW 7700 NEXT DIP

NAT.GAS RANGE 500/680
TESTING VOLTILE LEVELS TO UP

LEVEL 1 – NAT.GAS MAY BUY ABOVE 595 TGTS 600/06 SL 592 RES 630 THEN 690
LEVEL 2 – SELL BELOW 590 TGTS 585/80 SL 593 SUP 560 IMP 1ST THEN 500 FOR REVERSE SL 497 RISKY

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