December crude oil was lower due to profit taking overnight as it consolidates some of this week's rally. Stochastics and the RSI are turning neutral signaling that sideways to lower prices are possible near-term. Closes below last Friday's low crossing at 75.57 would renew the decline off October's high. If December renews this week's rally, the reaction high crossing at 81.06 is the next upside target. First resistance is Wednesday's high crossing at 80.23. Second resistance is this month's high crossing at 81.06. First support is the overnight low crossing at 76.91. Second support is last Friday's low crossing at 75.57.

December heating oil was lower due to profit taking overnight as it consolidates some of this week's rally. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. If December extends the overnight decline, the 50% retracement level of this fall's rally crossing at 193.93 is the next downside target. Closes above the 20-day moving average crossing at 203.79 would temper the near-term bearish outlook in the market. First resistance is the 10-day moving average crossing at 202.41. Second resistance is Wednesday's high crossing at 209.09. First support is the overnight low crossing at 197.70. Second support is last Friday's low crossing at 195.04.

December unleaded gas was lower due to profit taking overnight as it consolidates some of this week's rally. Stochastics and the RSI are turning neutral hinting that sideways to lower prices are possible near-term. Closes above Wednesday's high crossing at 205.22 or below the reaction low crossing at 190.26 are needed to confirm a breakout of the current trading range and point the direction of the next trending move. First resistance is Wednesday's high crossing at 205.22. Second resistance is October's high crossing at 210.15. First support is Thursday's low crossing at 195.56. Second support is the reaction low crossing at 190.26.

December Henry natural gas was lower overnight as it consolidates some of Thursday's rally. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If December extends the decline off October's high, monthly support crossing at 3.996 is the next downside target. Closes above the 20-day moving average crossing at 4.698 are needed to confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at 4.444. Second resistance is the 20-day moving average crossing at 4.698. First support is Thursday's low crossing at 4.157. Second support is monthly support crossing at 3.996.