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ENERGIES https://quotes.ino.com/exchanges/?c=energy

October crude oil closed lower on Friday. The low-range close sets the stage for a steady to lower opening when Monday's night session begins. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. If October renews the decline off July's high, the 75% retracement level of the 2018/2019 rally crossing at 49.99 is the next downside target. If September renews the rally off August's low, the late-July high crossing at 58.82 is the next upside target. First resistance is last Tuesday's high crossing at 57.47. Second resistance is the late-July high crossing at 58.82. First support is August's low crossing at 50.52. Second support is the 75% retracement level of the 2018/2019 rally crossing at 49.99.

October heating oil closed lower on Friday. The low-range close sets the stage for a steady to lower opening when Monday's night trading session begins. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. If October resumes the decline off July's high, the December-2018 low crossing at 165.77 is the next downside target. Closes above the 50-day moving average crossing at 189.80 are needed to confirm that a short-term low has been posted. First resistance is the 50-day moving average crossing at 189.80. Second resistance is the late-July high crossing at 197.47. First support is August's low crossing at 174.50. Second support is the December-2018 low crossing at 165.77.

October unleaded gas closed lower on Friday. The mid-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 156.23 are needed to confirm that a short-term low has been posted. If October renews the decline off July's high, the December-2018 low crossing at 130.42 is the next downside target. First resistance is the 20-day moving average crossing at 156.23. Second resistance is the 50-day moving average crossing at 162.41. First support is August's low crossing at 146.09. Second support is the December-2018 low crossing at 130.42.

October Henry natural gas closed lower on Friday. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If October renews the decline off July's high, weekly support crossing at 1.909 is the next downside target. Closes above the 50-day moving average crossing at 2.259 would confirm that a short-term low has been posted while opening the door for additional gains near-term. First resistance is the 50-day moving average crossing at 2.259. Second resistance is August's high crossing at 2.338. First support is August's low crossing at 2.045.