Category: Uncategorized

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM23

Weekly – In the September 2022 downtrend. Trade pressures are now down into the neutral zone. Volumes remain bearish.

Daily –Flat. The close below 76.01 triggered a new short entry on 3/13. Trade pressures are down. Volumes are now neutral.

At the 64.87 downside target. The oversold level is now 66.06. Looking for retracement up.

A close above 69.00 would signal higher. The expected oversold level is 74.25.

 

NAT GAS_ NGN23

Weekly – In the December 2022 downtrend. Trade pressures are down but rising. Volumes are now bearish.

Daily – Flat. In the  move down after the impulse off the 2.66 lows. Trade pressures are down. Volumes are now bearish.

A close above 2.90 would signal higher. The next target up is 3.25. Overbought is at 2.94.

Downside support is still at 2.81. The expected oversold level is 2.25.

US$$

#usdollarfutures  #ustreasurybondfutures

USD_ DXU21

Weekly – In the weekly uptrend but testing the support. Trade pressures are down. Volumes are bearish.

Daily – Closed above the new long entry, but then reversed the next day. Trade pressures are up but now declining. Volumes are bearish.

The next target up is 91.43.

A close below the low pivot at 89.52 would signal lower.

 

US 30YR T-BONDS_ USU21

Weekly – In the Dec 2020 downtrend. Trade pressures are up. Volumes are bullish.

Daily – Long. In the move up from the 155-22 entry. Trade pressures are up. Volumes are bullish.

The next target up is 158-11.

[6-9-21: Take profits at 158-23.]

A close below155-29 would signal lower. use this level as the stop.

US$$

#usdollarfutures  #ustreasurybondfutures

USD_ DXM21

Weekly – The weekly rallied to resistance and stopped. Trade pressures are up but declining. Volumes are now neutral.

Daily – In the new move down from the 92.98 short entry. Trade pressures are down. Volumes are bearish.

The next target down is 91.54.

A close above 92.33 would signal higher.

 

US 30YR T-BONDS_ USM21

Weekly – In the December 2020 downtrend. Trade pressures are down but rising. Volumes are neutral.

Daily – Flat. In the move up off the 153-21 lows. Trade pressures are up but declining. Volumes are bullish.

The next target up is 158-10.

A close below 155-22 would signal lower.

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM21

Weekly – In the December uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 53 breakout in early Feb. Trade pressures are up but reversing. Volumes are bullish.

The next target  up is 62.96.

A close below 56.71 would signal lower.

 

NAT GAS_ NGH21

Weekly – Wintery blast covers the US. Trade pressures are up. Volumes are bullish.

Daily – Flat. In consolidation after reaching the 3.06 upside target. Trade pressures are in the neutral zone. Volumes are bullish, but mixed over the week.

The next target up is 3.45.

A close below 2.68 would signal lower.

US$$

#usdollarfutures  #ustreasurybondfutures

 

USD_ DXZ20

Weekly – The December contract remains down. Trade pressures are down. Volumes are bearish.

Daily – In the leg down since late June, triggered by the short entry at 96.19. Trade pressures are down. Volumes are bearish. The next target down is 91.03.

A close above 93.98 would signal higher.

 

US 30YR T-BONDS_ USZ20

Weekly – In the long, two year move up. Trade pressures are down. Volumes are bearish.

Daily – Flat. After the June – July move up above 181-00, a retracement move down inside the uptrend has begun. Trade pressures are down. Volumes are now neutral.

Trading under the 25×5 MA. The next target down is 172-26.

A close above 178-13 would signal higher once again.

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLV20

Weekly – Remains in the long term downtrend. Trade pressures are up but showing some divergences. Volumes are bullish.

Daily – Flat. In the move up and consolidating at the 44 level. Trade pressures are down into the neutral zone. Volumes are bullish.

The next target up is 44.07.

A close below 35.05 would signal lower.

 

NAT GAS_ NGV20

Weekly – Remains in the new up trend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Still in the move up started in early July. Trade pressures are up and trending. Volumes are bullish.

The next target up is 2.80.

A close below the 200 Day MA  at 2.30 would signal a new  move down.

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM20

Weekly – retested the lows. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. In the move down from the 36 short entry price. Trade pressures are down and oversold. Volumes are bearish.

Consolidating around the 25.51 downside target. The next target down is 21.85.

Need a close above 28.18 to start a new move up.

 

NAT GAS_ NGM20

Weekly – Rising in the downward sloping channel. Trade pressures are up. Volumes are bullish.

Daily – Flat. Finished a counter trend move up to the 1.99 profit target. Trade pressures are up. Volumes are bullish.

After the pullback to 1.70, a new long entry is at 1.79. The next target up is 2.06.

A close below 1.85 would signal lower.

US$$

#usdollarfutures  #ustreasurybondfutures

USD_ DXH20

Weekly – In the move up Trade pressures are up. Volumes are bearish.

Daily  – Retracing inside the move up. Trade  pressures are up but turning down. Volumes are bearish. The next target down is 98.38.  A close back above the 99.81 level would signal higher.

 

US 30YR T-Bonds_ USH20

Weekly – Making a retest of the 2019 highs. Trade pressures are up. Volumes are bullish.

Daily – In the move from the 161-06 level. Trade pressures are up. Volumes are bullish.

The next target up is 167-10.

Near the end of a move up. A close below 164-27 would signal a retracement lower.

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLH20

Weekly – In the move down but at support levels.Trade pressures are down. Volumes are bearish.

Daily – Flat. At downside target levels and testing the prior lows. trade pressures are down but showing some divergences. Volumes are bearish.

The next target down is 47.91.

A close above 54.12.

 

NAT GAS_ NGH20

Weekly – Remains in the downtrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. Trade pressures are down. Volumes are bearish.

The next target down is 1.666.

The 180 min chart has signaled a new long. A daily close above 1.94 will signal higher.

US$$

#usdollarfutures  #ustreasurybondfutures

USD_ DXH20

Weekly – Has dropped out of the weekly October 2018 rising channel. Trade pressures are up. Volumes are bullish.

Daily – In the move up from the 96.45 long entry level. Trade pressures are up. Volumes are bullish.

At the 97.63 target where consolidation is expected. The next target up is the prior high of 98.

A close below 97.25 would signal lower.

 

US30YR T-BONDS_ USH20

Weekly – At the upper bound of the declining channel. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 156-16 long entry. Trade pressures are up. Volumes are bullish.

Closed above the median line. The next target up is 163-27.

The 60 min has touched the 160-13 short entry price.  A daily close below 158-22 would signal lower.