CRUDEmcxMAR
Technical Commentary:
NAT. GASmcxMAR
Technical Commentary:
Technical Levels | |
R3 | 4900 |
R2 | 4860/4880 |
R1 | 4790/4835 |
Pivot | 4720 |
S1 | 4670/630 |
S2 | 4590/4540 |
S3 | 4480 |
If unable to cross above 4790-4800 day’s bias would be range bound with largely negative bias, and such moves may take prices towards 4710/4668 later. A direct rise above 4810 would be a strong bullish signal towards 4850/4920 levels.
Trends:
Intraday--> Consolidate
Near term--> Up
Technical Levels | |
R3 | 190 |
R2 | 184/186 |
R1 | 181 |
Pivot | 177.50 |
S1 | 176 |
S2 | 174/171 |
S3 | 168/164 |
While 174/71 holds expect to move higher towards 181/185. We favour bearishness only a cross below the strong support 169.
Trends:
Intraday--> Up
Near term-->Down