February 21, 2014

CRUDE Oil trend update

  • Crude oil 4 hour chart shows correction in a bullish channel.
  • Crude oil bulls should stay above the 4 hour cloud to avoid a bigger fall.
  • Daily chart shows possible support at previous resistance zone.


  1. These charts are great - thank you very much. Could you take a stab at usa natural gas or UNG? There seem to be lot of volume fighting a slow turn up in the UNG. yet fundo's are all suggesting NG is tight and getting tighter.

  2. Hi Sam
    I will try to do a weekend update for UNG