Profile charts of NG and crudeOIl

Here are the profile charts of CrudeOil and Natural Gas

 

CrudeOIl :

 

Mp Crude 5 Profile Charts Of Ng And Crudeoil

 

CrudeOil broke through the lower balance area yesterday and reaching previous support here.

 

The OrderFlow does not show any big buying interest here, and we will watch for a change around the purple High volume nodes.

 

Natural Gas :

 

 

Mp Ng Profile Charts Of Ng And Crudeoil

 

Earlier this month NG had put in a multi day balance between 173 and 179.

 

That was broken lower on news flow but subsequently the market went through the entire balance and is currently poised at the upper end of the balance.

 

A move above the balance can bring 183 on the upside.

 

What can also happen is a rotation below to 173.

 

 

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