CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 29 MAY TO 02 JUN 2023

CRUDE OIL AND NATURAL GAS WEEKLY TARGETS FOR 29 MAY TO 02 JUN 2023

by admin- Saturday, May 27th, 2023 08:56:51 AM

CRUDE RANGE 5400/6650
EXPECTED VOLATILITY

LEVEL 1 – CRUDE JUN BUY RISKY ABOVE 6050 SUSTAIN TGTS 6090/6140 SL 6020 RES 6350 IMP THEN 6650
LEVEL 2 – CRUDE BELOW 6000 SELL TGTS 6060/10 SL 6030 SUP 5800 IMP THEN 5400 SUP RISKY SL 5370

NAT.GAS RANGE 160/255
TESTING VOLTILE LEVELS

LEVEL 1 – NAT.GAS JUN BUY ABOVE 200 TGTS 205/10 SL 197 RES 224 IMP THEN 255
LEVEL 2 – SELL BELOW 195 TGTS 190/85 SL 198 SUP 175 IMP 1ST THEN 160 FOR REVERSE SL 157 RISKY BELOW SUSTAIN DIP

News Updates