here are a few more charts to look at...
weekly crude oil price: we see moving averages heading into cross overs, signalling long term trend change...
Weekly LNG: hasnt had the same run as the spot crude price, but we know the LNG spot/futures market isnt the same as oil, and especially when companies like LNG are financing contracts, so expect there to be plenty of upside in relation to crude prices.
LNG weekly: all kinds of breakouts and strong indicator action. LNG looking really strong, could be premature, traders could be looking at macro oil/gas data and betting on BTA developments rather than knowing something is imminent...
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Could run short term?, page-12
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