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CRUDE_ CLZ23

Weekly – In a new August 2023 uptrend. Trade pressures are down. Volumes are now bearish.

Daily – Flat.  Missed the short entry at the break down of the up move at 85.39 on 10/23.  Trade pressures are down.  Volumes are bearish.

The next target down is 75.39. The expected oversold levels are now 80.04 and the 200 day MA support is at 76.26.

A close above 84.67 would signal higher. The expected overbought levels are 86.99.

 

 

NAT GAS_ NGZ23

Weekly – In the December 2022 downtrend; holding at long term resistance. Trade pressures are still down. Volumes remain bullish.

Daily – Flat. Back into an uptrend on 11/3 from 3.52.  Trade pressures are down but rising. Volumes are now neutral.

The next target up is 3.59. The expected overbought level is 3.77.

A close below 3.43 would signal lower. The expected oversold level is 3.12.

[11-5-23: Opened Sun nite session at 3.40.]

[11-8-23: Lower SL to 3.18.]

[11-9-23: Take profits at 3.10.]