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April crude oil closed higher on Tuesday as it consolidated some of the decline off March's high. The high-range close sets the stage for a steady to higher opening when Wednesday's day session begins. Stochastics and the RSI are oversold but are turning neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at $74.34 would signal that a short-term low has been posted. If April extends this month's decline, the 62% retracement level of the 2020-2022 rally crossing at $61.93. First resistance is the 10-day moving average crossing at $71.49. Second resistance is the 20-day moving average crossing at $74.34. First support is Monday's low crossing at $64.12. Second support is the 62% retracement level of the 2020-2022 rally crossing at $61.93.

April heating oil closed slightly higher on Tuesday as it consolidates some of this month's decline. The high-range close sets the stage for a steady to higher opening when Wednesday's day trading session begins. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at $2.7535 would signal that a short-term low has been posted. If April renews the decline off the March 3rd high, the 50% retracement level of the 2020-2022 rally crossing at 2.4620 is the next downside target. First resistance is the 20-day moving average crossing at 2.7534. Second resistance is the 50-day moving average crossing at $2.8659. First support is last-Thursday's low crossing at $2.5021. Second support is the 50% retracement level of the 2020-2022 rally crossing at 2.4620.

April unleaded gas closed slightly lower on Tuesday. The mid-range close sets the stage for a steady to slightly lower opening when Wednesday's day session begins trading. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 2.6081 would signal that a short-term low has been posted. If April resumes this month's decline, the December 16th low crossing at 2.3080 is the next downside target. First resistance is the 20-day moving average crossing at 2.6081. Second resistance is the 50-day moving average crossing at 2.6467. First support is last-Thursday's low crossing at 2.3795. Second support is the December 16th low crossing at 2.3080.

April Henry natural gas closed higher on Tuesday after failing to test support marked by February's low crossing at 2.113. The high-range close sets the stage for a steady to higher opening when Wednesday's day session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signal that sideways to lower prices are possible near-term. If April extends the decline off March's high, February's low crossing at 2.113 is the next downside target. Closes above the 50-day moving average crossing at 2.710 would signal that a short-term low has been posted. First resistance is the 50-day moving average crossing at 2.710. Second resistance is March's high crossing at 3.027 is the next upside target. First support is today's low crossing at 2.127. Second support is February's low crossing at 2.113.

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