#crudeoilfutures #naturalgasfutures

Crude_ CLM22

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

Daily – Flat. Closed the long trade at 76.30. Trade pressures are up. Volumes are bullish.

At the 80.19 upside target. Consolidation is expected.

A close below 77.28 would signal lower.

 

NAT GAS_ HGH22

Weekly – In the long uptrend from June 2021. Trade pressures are up into the neutral zone. Volumes are bearish.

Daily – Flat. In the bull flag from October 2021. Trade pressures are down into the neutral zone. Volumes are now neutral.

The close above 4.43 has triggered the new long. But the weekly does not confirm. Wait for the breakout above the bull flag resistance at 4.95.

The next target down is the prior low at 3.52.