Natural Gas Trading: Weekends Post for the week 29th Jan - 2nd Feb 2018

Daily support/resistance on 29th Jan: 3.517, 3.511
Weekly support/resistance from 29th Jan - 2nd Feb: 3.475, 3.386

Monthly support/resistance for Jan: 2.919, 2.848 (NGG8: 2.918, 2.843  ; NGH8: 2.872, 2.807) 

Monthly support/resistance for Dec: 3.02, 3.014  (NGF8: 3.0527, 3.112 ; NGG8: 3.059, 3.119)

2018 Yearly support/resistance: 3.045, 2.985

2017 Yearly support/resistance: 3.415, 2.757

Crude Oil Trading: Weekends Post for the week 29th Jan - 2nd Feb 2018

Daily support/resistance on 29th Jan: 66.04, 65.63

Weekly support/resistance from 29th Jan - 2nd Feb: 64.86, 65.78

Monthly support/resistance for Jan: 59.46, 58.17   (CLG8: 59.47, 58.20 )

Monthly support/resistance for Dec: 57.1, 56.47  (CLF8: 57.14, 56.58)

2018 Yearly support/resistance: 51.28, 57.16

2017 Yearly support/resistance: 49.35, 40.28

Natural Gas Trading: Weekends Post for the week 22nd Jan - 26th Jan 2018

Daily support/resistance on 22nd Jan: 3.19, 3.183
Weekly support/resistance from 22nd Jan - 26th Jan: 3.175, 3.164

Monthly support/resistance for Jan: 2.919, 2.848 (NGG8: 2.918, 2.843  ; NGH8: 2.872, 2.807) 

Monthly support/resistance for Dec: 3.02, 3.014  (NGF8: 3.0527, 3.112 ; NGG8: 3.059, 3.119)

2018 Yearly support/resistance: 3.045, 2.985

2017 Yearly support/resistance: 3.415, 2.757

Crude Oil Trading: Weekends Post for the week 22nd Jan - 26th Jan 2018

Daily support/resistance on 22nd Jan: 63.4, 63.26

Weekly support/resistance from 22nd Jan - 26th Jan: 63.59, 63.84

Monthly support/resistance for Jan: 59.46, 58.17   (CLG8: 59.47, 58.20 )

Monthly support/resistance for Dec: 57.1, 56.47  (CLF8: 57.14, 56.58)

2018 Yearly support/resistance: 51.28, 57.16

2017 Yearly support/resistance: 49.35, 40.28

Crude Oil Trading: Weekends Post for the week 15th Jan - 19th Jan 2018

Daily: Shooting star spotted. There is a small gap below. Second chart below - there is a gap at 65+ Will it be filled soon?

Weekly: Inverse head and shoulder breakout. Monitoring if it is going to form the second IHS.

Monthly: Reaching ichimochu resistance zone

Hourly: Doji, spinning top, graveyard, shooting stars. Are these tell tale sign of a short-term top? If price rally above and hold, 70 is just within reach.



Crude oil is showing COT extreme. Correction seem to be coming sooner or later?

Daily support/resistance on 15th Jan: 64.19, 63.78

Weekly support/resistance from 15th Jan - 19th Jan: 63.95, 63.06

Monthly support/resistance for Jan: 59.46, 58.17   (CLG8: 59.47, 58.20 )

Monthly support/resistance for Dec: 57.1, 56.47  (CLF8: 57.14, 56.58)

2018 Yearly support/resistance: 51.28, 57.16

2017 Yearly support/resistance: 49.35, 40.28

Natural Gas Trading: Weekends Post for the week 15th Jan - 19th Jan 2018

Daily: breakout. Just a matter of time to fill the gap above.

Monthly: Reaching ichimochu resistance

Weekly: Reaching consolidation zone

Daily support/resistance on 15th Jan: 3.188, 3.147
Weekly support/resistance from 15th Jan - 19th Jan: 3.004, 3.14

Monthly support/resistance for Jan: 2.919, 2.848 (NGG8: 2.918, 2.843  ; NGH8: 2.872, 2.807) 

Monthly support/resistance for Dec: 3.02, 3.014  (NGF8: 3.0527, 3.112 ; NGG8: 3.059, 3.119)

2018 Yearly support/resistance: 3.045, 2.985

2017 Yearly support/resistance: 3.415, 2.757

Crude Oil Trading: Weekends Post for the week 8th Jan - 12th Jan 2018

Correction sign. Watching

At resistance zone.

Daily support/resistance on 8th Jan: 61.58, 61.57
Weekly support/resistance from 8th Jan - 12th Jan: 61.45, 61.16

Monthly support/resistance for Jan: 59.46, 58.17   (CLG8: 59.47, 58.20 )

Monthly support/resistance for Dec: 57.1, 56.47  (CLF8: 57.14, 56.58)

2018 Yearly support/resistance: 51.28, 57.16

2017 Yearly support/resistance: 49.35, 40.28

NG Trading: Weekends Post for the week 8th Jan - 12th Jan 2018

Watching for any possible bounce.

Daily support/resistance on 8th Jan: 2.817, 2.798
Weekly support/resistance from 8th Jan - 12th Jan: 2.833, 2.922

Monthly support/resistance for Jan: 2.919, 2.848 (NGG8: 2.918, 2.843  ; NGH8: 2.872, 2.807) 

Monthly support/resistance for Dec: 3.02, 3.014  (NGF8: 3.0527, 3.112 ; NGG8: 3.059, 3.119)

2018 Yearly support/resistance: 3.045, 2.985

2017 Yearly support/resistance: 3.415, 2.757