The Trust Layer for Market Analysts

The analyst is providing a weekly outlook on natural gas and crude oil. For natural gas, the price is currently consolidating in a rising channel on the weekly chart, with key support levels identified at 3.28, 3.24, 3.20, 3.14, 3.12, 3.05, and 3.00. A decisive break below 3.28 is seen as a bearish signal, potentially leading to further downside towards 3.05 or 3.00. On the upside, resistance levels are noted at 3.38-3.4, 3.45, 3.5, 3.6, 3.65, 3.8, 4.0, and 4.4. For crude oil, the analysis highlights a bullish trend. The price has shown resilience and is expected to continue its upward movement. Key levels to watch for crude oil are identified as support at 63.8-64.0, 64.5, 65.0, 66.5, 67.2, 68.0, and 70.0, with potential resistance levels around these same figures. The analysis emphasizes waiting for confirmation of breakouts or breakdowns to trade effectively.