#crudeoilfutures #naturalgasfutures

CRUDE_ CLM22

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

Daily – Long. In the move up from the Dec 21 entry at 71.27. Trade pressures are up. Volumes are bullish.

The next target up is 80.19.

A close below 73.90 is the SL and would signal lower. ( the 60 minute is showing oversold.)

[1-10-22: June Crude breaks the 3hr stop at 76.01. Sell at 76.30 LMT]

 

NAT GAS_ HGH22

Weekly – In consolidation at the same level as the June 2021 breakout to the upside. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. Very slight bias upward, but with high volatility. Trade pressures are up. Volumes are now bullish.

The next target up is the 200 day at 4.18.

The next target down is the 3.51 downside target.