#crudeoilfutures #naturalgasfutures
CRUDE_ CLM22
Weekly – In the January 2022 uptrend. Trade pressures are up. Volumes are bullish.
Daily – Flat. In the move up from the December 2021 long entry at 66.15. Trade pressures are up. Volumes are bullish.
The next target up is 91.75.
A close below 85.81 would signal lower. Use this as the SL
NAT GAS_ NGH22
Weekly – The move up off the 3.30 support levels has stalled. Trade pressures are down into the neutral zone. Volumes are now neutral.
Daily – In the move down from the 4.79 level. Trade pressures are down. Volumes are bearish.
The net target down is 3.64.
A close above 4.36 would signal higher.