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CRUDE_ CLM22

Weekly – In the November 2021 downtrend. Trade pressures are down but rising. Volumes are bearish.

Daily – Long. In the move up from the 68.33 long entry on 12/06. Trade pressures are up but retracing. Volumes are now neutral.

The next target up is 74.45.

A close below 67.95 would signal lower into the 62’s.

 

NAT GAS_ NGH22

Weekly – The June 2021 uptrend has completely retraced. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the downtrend from 5.04 on 11/26. Trade pressures are down. Volumes are bearish.

The next target down is 3.51.

A close above 4.50 would signal higher. But no trade without a weekly bullish oscillator reversal.