CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 18 DEC TO 22 DEC 2023

CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 18 DEC TO 22 DEC 2023

by admin- Saturday, December 16th, 2023 09:10:30 AM

CRUDE RANGE 5300/6600
EXPECTED VOLATILITY

LEVEL 1 – CRUDE JAN BUY RISKY ABOVE 6050 SUSTAIN TGTS 6100/50 SL 6010 RES 6300 IMP 1ST THEN 6600
LEVEL 2 – CRUDE BELOW 6000 SELL TGTS 5950/00 SL 6040 SUP 5600 IMP THEN 5300 SUP RISKY SL 5270

NAT.GAS RANGE 140/270
TESTING VOLTILE LEVELS

LEVEL 1 – NAT.GAS DEC BUY ABOVE 212 TGTS 217/22 SL 208 RES 235 IMP THEN 270
LEVEL 2 – SELL BELOW 208 TGTS 203/198 SL 212 SUP 170 IMP. THEN 140 FOR REVERSE SL 137 RISKY BELOW SUSTAIN DIP

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