#crudeoilfutures #naturalgasfutures

CRUDE_ CLU22

Weekly – In the Feb uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 94.59 short entry on 8/1. Trade pressures are down. Volumes are bearish.

The next target down is 82.78.

A close above 90.80 would signal higher.

 

NAT GAS_ NGU22

Weekly – Remains in the June 2021 uptrend. Trade pressures are up. Volumes are bearish.

Daily – Flat. on the move down from the 8.32 short entry on 7/28. Trade pressures are down but rising into the neutral zone. Volumes ae bearish.

The next target down is 7.22 and would be the profit target.

A close above 8.54 would signal higher, but would be near an overbought level.