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CRUDE_ CLU24

Weekly – In the March 2024 uptrend and at support. Trade pressures are up. Volumes are bullish.

Daily – Long. In the move up from the 78.78 long entry on 6/17.   Trade pressures are up.  Volumes are bullish.

The next target up is 82.40. The expected overbought levels are now higher at 82.99.

A close below 79.96 would signal lower. The expected oversold level rises to 78.28.

[6-30-24: Profit taken Sunday Nite session. at 81.59]

 

NAT GAS_ NGQ24

Weekly – In the April 2024 uptrend.  Trade pressures are now down.  Volumes are bearish.

Daily – Flat.  In the downward channel. Trade pressures are down.  Volumes remain bearish.

The next target down remains at 2.42. The expected oversold level rises to 2.63.

A close above 2.84 would signal higher.  The expected overbought level declines to 3.01.