Oil & Gas

#crudeoilfutures #naturalgasfutures

Weekly – In the February 2022 uptrend. Trade pressures are up but turning down. Volumes are neutral.

Daily – Short. Short from the 105.81 entry price. Trade pressures are down. Volumes are bearish.

The next target down is 94.48.

A close above103.72 would signal higher; use as SL.

 

NAT GAS_ NGN22

Weekly – In the April 2020 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the retracement down after the March move up to the 5.87 upside target. Trade pressures are up. Volumes are bullish.

The next target up is 6.61

The next target down is the retracement short entry at 5.72.