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CRUDE_ CLM23

Weekly – In the September 2022 downtrend. Trade pressures are up. Volumes are now bullish.

Daily –Long. Trading up off the 63.64 lows, long at 68.16. Trade pressures are down but rising into the neutral zone.. Volumes are now neutral.

The next target up is 75.49. The next overbought level is 75.63.

A close  below 69.10 would signal lower. The expected oversold levels are now 67.01.

 

NAT GAS_ NGN23 (July Contract)

Weekly – In the December 2022 downtrend. Trade pressures are down. Volumes remain bullish.

Daily – Flat. In the continued move down from the 2.82 level on3/20. Out of the the long trade with a 2.46 BE stop.  Trade pressures are down but turning up. Volumes are bearish.

The next target down is 2.078. The expected oversold level is 2.01.

A close above 2.35 would signal higher. The expected overbought level is 2.51.