CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 29 APR TO 01 MAY 2024

CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 29 APR TO 01 MAY 2024

by admin- Saturday, April 27th, 2024 09:28:34 AM

CRUDE RANGE 6400/7600
EXPECTED VOLATILITY UP

LEVEL 1 – CRUDE MAY BUY RISKY ABOVE 7000 SUSTAIN TGTS 7050/7100 SL 6960 RES 7300 IMP 1ST IF SUSTAIN THEN ONLY 7600
LEVEL 2 – CRUDE BELOW 6960 SELL TGTS 6910/6860 SL 7000 SUP 6650 IMP THEN 6400 SUP RISKY SL 6370

NAT.GAS RANGE 120/215
TESTING VOLTILE LEVELS

LEVEL 1 – NAT.GAS MAY BUY ABOVE 162 TGTS 167/72 SL 158 RES 185 IMP THEN 215
LEVEL 2 – SELL BELOW 158 TGTS 153/48 SL 162 SUP 135 IMP. THEN 120 FOR REVERSE SL 117 MIDDLE RANGE 128/130

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