Commodities Show Signs of Life as Natural Gas and Crude Oil Prepare for Breakouts
Natural Gas is attempting to break above a three-month resistance line at 3.1, which would shift its trend from bearish to neutral.
The 2.6 to 2.9 long-term support zone will be closely watched if the breakout fails.
Crude Oil remains resilient despite recent volatility and dark pool activity in the XLE (Energy Sector) continues to signal accumulation.
A 'sideways bull flag' formation suggests another leg up for Oil, but a break through established supply-and-demand structures could reverse this trend.