#crudeoilfutures #naturalgasfutures
CRUDE_ CLU22
Weekly – In the January 2022 uptrend. Trade pressures are down into the neutral zone. Volumes are bearish.
Daily – Short. In the Short from the 106.79 entry. Trade pressures are down. Volumes are bearish.
The next target down is 99.76.
A close above 106.23 would signal higher. Use this as a stop loss.
[7-4-22: stopped out for small gain.]
NAT GAS_ NGQ22
Weekly – In the June 2021 uptrend. Trade pressures are down. Volumes are bearish.
Daily – Flat. In the move down from the 8.97 level. Trade pressures are down. Volumes are now neutral.
The next target down is 4.66.
A close above 5.96 would signal higher.