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CRUDE_ CLM22

Weekly – In the Dec 2021 downtrend. Trade pressures are up. Volumes are bullish.

Daily – Long. In the 12/22 long entry at 71.27. Trade pressures are up but turning down. Volumes are neutral.

The next target up is 77.33.

A close below 72.19 would signal lower and is the SL.

[1-6-22: Raise the SL to 75.06.]

 

NAT GAS_ NGH22

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

Daily – Flat. Consolidating at the 3.52 downside target . Trade pressures are down. Volumes are bearish.

The next target down is a break of the 3.49 lows.

Looking for a move up to recover the Omicron drop in early December. Need a close above 3.92 to get long.