#crudeoilfutures #naturalgasfutures

CRUDE_ CLH23

Weekly – In the September 2022 downtrend. Trade pressures are now down. Volumes are now bearish.

Daily –Flat. The close below 77.49 triggered the profit stop. Trade pressures are down. Volumes are now bearish.

The next target down is 71.11. The oversold level is now 73.48.

A close above 77.40 would signal higher. The expected overbought level is then 80.38.

 

NAT GAS_ NGH23

Weekly – In the October 2022 downtrend. Trade pressures are down. Volumes remain bearish.

Daily – Flat. Now in the the third leg down from the break down at the  2.51 consolidation area on 2/16/23. Trade pressures are down. Volumes are now bearish.

Below the 2.51 target. The oversold level is 2.29.

A close above 2.48 target would signal higher. Overbought is expected at 2.70.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLH23

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

Daily – Long . The close above 75.90 signaled higher. Trade pressures are up. Volumes are bullish.

The next target up is 81.77. The overbought level is now 80.35

A close below 77.73 would signal lower. The expected oversold level is then 73.01.

[2/13/23: Take profits at 80.35. Set SL at 76.52]

[2/16/23 Set SL at 77.49}

[2/17/23: SL sold at 77.49.]

 

NAT GAS_ NGH23

Weekly – In the October 2022 downtrend. Trade pressures are down. Volumes remain bearish.

Daily – Flat. In the the second leg down from 6.80 on 11/30/22. Trade pressures are now up into the neutral zone. . Volumes are now neutral.

Below the 2.66 target. The oversold level is 2.26.

A close above 2.66 target would signal higher. Overbought is expected at 2.80.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLH23

Weekly – In the September 2022 downtrend. Trade pressures are now down. Volumes are now bearish.

Daily – Short. The close below 80.76 signaled lower and retracement has begun. Trade pressures are down. Volumes are bearish.

The next target down is 71.11. The oversold level is now 75.13

A close above 75.90 would signal higher. The expected overbought level is then 81.12.

 

NAT GAS_ NGH23

Weekly – In the October 2022 downtrend. Trade pressures are down. Volumes remain bearish.

Daily – Flat. In the the second leg down from 6.80 on 11/30/22. Trade pressures are down. Volumes are bearish.

Below the 2.66 target. The oversold level is 2.30.

A close above 2..48 would signal higher. Overbought is expected at 3.18.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLH23

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

Daily – In the move up from the second leg up thru 74.71 on 1/10/23. Trade pressures are down into the neutral zone.. Volumes are bullish.

Stopped at the oversold level of 82.90. The next target up is 82.18.

The close below 80.76 signaled lower and retracement has begun. The expected oversold level is now 77.63.

 

NAT GAS_ NGH23

Weekly – In the October 2022 downtrend. Trade pressures are down. Volumes remain bearish.

Daily – Flat. In the the second leg down from 6.80 on 11/30/22. Trade pressures are down. Volumes are bearish.

At next target down of 2.66. The oversold level is 2.74.

A close above 2.90 would signal higher. Overbought is expected at 3.66.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLH23

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

Daily – In the move up from the second leg up thru 74.71 on 1/10/23. Trade pressures are up but declining. Volumes are bullish.

At the oversold level of 81.99. The next target up is 82.18.

A close below 80.00 would signal lower. The expected oversold level is 72.07.

 

NAT GAS_ NGH23

Weekly – In the October 2022 downtrend. Trade pressures are down. Volumes remain bearish.

Daily – Flat. In the the second leg down from 6.80 on 11/30/22. Trade pressures are down. Volumes are bearish.

The next target down is 2.66. Now at the 3.16 oversold level.

A close above 3.53 would signal higher. Overbought is expected at 3.98.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLH23

Weekly – In the September 2022 downtrend. Trade pressures are in the neutral zone. Volumes are bearish.

Daily – In the move up from the second leg up thru 74.71 on 1/10/23. Trade pressures are up. Volumes are bullish.

The next target up is 80.82. Overbought is at 79.59.

A close below 78.30 would signal lower. Overbought is at 71.15.

 

NAT GAS_ NGH23

Weekly – In the October 2022 downtrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the the second leg down from 6.80 on 11/30/22. Trade pressures are down but rising. Volu es are bearish.

The next target down is 2.66. oversold is at 3.31.

A close above 3.82 would signal higher. Overbought is expected at 4.43.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLH23

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

Daily – Flat. Retracing the new move up from the 74.67 long entry on 12/13/22. Trade pressures are down but rising. Volumes are bearish.

The next target down is the prior low of 70.50.

Need a close back above the long entry price at 74.70 to re-enter the long trade.

 

NAT GAS_ HGH23

Weekly – In the October 2022 down trend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 5.45 short entry on 12/19/22. Trade pressures are down hard and trending. Volumes remain bearish.

The next target down is 3.08; well blow the oversold level of 3.51. Use that 3.1 as the SL.

A close above 3.62 would signal higher. 4.91 is the over bought level. Take profits below there.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLH23

Weekly – In the September downtrend. Trade pressures are up. Volumes are bearish.

Daily – Flat. Out of the long trade at the overbought levls. Trade pressures are down but rising. Volumes remain bullish.

The next target up is 87.17. The over bought level is 80.85, So, expect some retracement.

A close below 73.10 would signal lower. The current oversold level is 73.12.

 

NATGAS_ NGH23

Weekly – In the October 2022 downtrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 5.20 short entry on 12/20. Trade pressures are down hard. Volumes are bearish.

The next target  down is the 3.94 target. 4.01 is oversold.

A close above 4.35 would signal higher. The expected overbought level is now 5.82.

#crudeoilfutures #naturalgasfutures

CRUDE_ GLH23

Weekly – In the September 2022 downtrend. Trade pressures are down. Volumes are bearish.

Daily – Long in the new 12/13 move up from 74.71. Trade pressures are down. Volumes are now neutral.

The next target up is 78.86. The overbought level is 78.92. Use that as the Profit Stop.

A close below the prior low of 70.56 would signal lower.

[12-22-22: Profit stop at 78.92 met.]

 

NAT GAS_ NGH23

Weekly – In the October 2022 downtrend. Trade pressures are down into the neutral zone. Volumes are still bullish.

Daily – Flat. In the move down from the resistance at the 220 day MA. Trade pressures are down. Volumes are neutral.

The next target up is a new long entry at 5.69. 7.20 will be the overbought level.

A close below 5.12 would signal lower. That level is below the current 5.20 oversold level.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLH23

Weekly – In the September 2022 downtrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the second leg down from the 79.37 short entry on 12/5. Trade pressures are down. Volumes are bearish.

The next target down is 67.16. Oversold is at 70.03.

A close above 72.86 would signal higher. USE this as SL. Overbought is 80.38.

 

NAT GAS_ NGH23

Weekly – In the October 2022 downtrend. Trade pressures are down into the neutral zone. Volumes are bullish.

Daily – Long. In the move up from the 5.21 long entry. Trade pressures are up. Volumes are bullish.

The oversold level was reached at 5.00. The next target up is 5.79. Overbought is 6.77.

A close below 5.13 would signal lower and is the SL.