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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.