Crude oilCrude oil: Crude oil prices in a bearish trend with sharp decline in RSI and rising ADX with rising –DI. However immediate support can come in around
2900-2890 levels. Thus fresh selling can be down only below 2880 levels; rather one can book profits in their sell positions. Breaching 2880 levels, prices can fall further to
2800 levels.

Natural Gas: Prices taking strong support at the bottom of 165. Prices even tried to move upside but resisted the 7 DMA and closed lower at 166. Thus the prices are expected to trade positive above 171, while breaching the support of 165 can push prices further lower to 160 and 158 levels for the day.