#crudeoilfutures #naturalgasfutures

CRUDE_ CLX22

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

Daily – Short. In the new move down from the 88.40 entry on 10-11. Trade pressures are down. Volumes are down.

The next target down is 83.16. This level is the oversold level, take profits here.

A close above 87.79 would signal higher. Set the SL at this level.

[10/18/22: Stopped out at the 83.16 target.]

 

NAT GAS_ NGX22

Weekly – Testing the support of the June 2021 uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. Basing around the 200 day MA after the move down. Trade pressures are up into the neutral zone. Volumes are bearish.

The next target down is 5.76

A close above 7.50 would signal higher.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLX22

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

Daily – In the move up from the 79.33 long entry on 9/28. Trade pressures are up. Volumes are bullish.

The next target up is 96.23. 90.80 is the over-bot level, Since price is above, use this as SL.

A close below 89.18 would signal lower.

 

NAT GAS_ NGX22

Weekly – In the June 202 uptrend, but declining to test support. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 8.87 short entry on 9/15. Trade pressures are up but declining. Volumes are bearish.

6.30 is the over-sold level. The next target down is 5.76.

A close above 7.50 would signal higher.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLX22

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

Daily – Flat. The 89 to 79 trade setup was successful. Trade pressures are now up. Volumes are still bearish.

The next long entry was triggered at 79.33 on 9/27. The next target up is 82.45.

A close below 76.25 would signal lower. Use this as the SL.

[10/4/22: Take profits at 88.60. Set new SL at 84.93.]

[10/6/22: Profit stop hit overnight, out at 88.60.]

 

NAT GAS_ NGX22

Weekly – In the June 2021 uptrend. Trade pressures are down hard. Volumes remain bearish.

Daily – Flat. In the move down from the 8.70 short entry on 9/15. Trade pressures are down. Volumes are bearish.

At the next target down 6.56, the 200 day MA.

A close above 7.78 7.44 would signal higher.

 

#crudeoilfutures #naturalgasfutures

CRUDE_ CLX22

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

Daily – Flat. In the move down from the*9 short entry on 8/31. Trade pressures are down. Volumes are bearish.

The next target down is 76.99.

A close above 79.27 would signal higher. Use this as the SL.

 

NAT GAS_ NGX22

Weekly – In the June 2021 uptrend. Trade pressures are down hard. Volumes are bearish.

Daily – Flat. In the move down from the 8.70 short entry on 9/15. Trade pressures are down. Volumes are bearish.

At the 6.98 downside target. the  next target down is 6.59, the 200 day MA.

A close above 8.03 would signal higher.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLV22

Weekly – In the Feb 2022 uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. Consolidating at the 86 level. Trade pressures are down. Volumes are now neutral.

The next target down is 81. The oversold level is @ 82.

A close above 86.40 would signal higher. The over bot levels are at 90.12

 

NAT GAS_ NGV22

Weekly – In the June 2021 uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 8.90 short entry and the 9.11 close on 9/14. Trade pressures are down. Volumes are bearish.

The next target down is 7.28. Oversold is at 7.50.

A close above 8.33 would signal higher. 9.11 is the oversold level.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLV22

Weekly – In the    Feb 2022 uptrend. Trade pressures are down but rising. Volumes are  bearish.

Daily – Long. In the move up from the 84.28 new long entry on 9/9. Trade pressures are rising into the neutral zone. Volumes are now neutral.

The next target up is 88.83. Overbought is at 91.00.

A close below 83.36 would signal lower. Use as SL.

[9/12/22: Raise SL to 87.18.] [9/13/22: Stopped out]

 

NAT GAS_ NGV22

Weekly – In the June 2021 uptrend. Trade pressures are now down. Volumes are bearish.

Daily – Flat. In the move down from the 8.90 short entry; out at 7.80 at oversold. Trade pressures are down but rising. Volumes are neutral.

The next target down is 7.28.

A close above 8.00 would signal a retracement in this move down. Very risky, so use tight stops.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLV22

Weekly – In the Fed 2022 uptrend. Trade pressures are down. Volumes are now neutral.

Daily – Short. In the move down from the 89.48 short entry. Trade pressures are down. Volumes are bearish.

Sitting on the 200 day MA at 86.87, the next target down is 81.30.

A close above 89.00 would signal higher. [9/7/22: Lower stops to 87.47.]

[9/7/22: Take profits at the 81.90 target.]

 

NAT GAS_ NGV22

Weekly – In the June 2021 uptrend. Trade pressures are up. Volumes are now neutral.

Daily – Short. In the move down from the 8.90 entry. Trade pressures are down. Volumes are bearish.

The next target down is 8.56.

A close above the prior bar’s high at 9.24 would signal higher. Use this 9.24 as the stop.

[9/7/22: at the the 7.80 target. Take profits here.]

#crudeoilfutures #naturalgasfutures

CRUDE_ CLV22

Weekly – In the February 2022 uptrend. Trade pressures are down. Volumes are now neutral.

Daily – Flat. In the move up off the 200 day MA at 87.12. Trade pressures are down into the neutral zone. Volumes are bullish.

The next target up is the new long entry at 93.83.

A close below the MA signals lower.

 

NAT GAS_ NGV22

Weekly – In the June 2021 uptrend. Trade pressures are up. Volumes are bullish.

Daily ; Flat. In the move up from the 8.52 long entry on 8/11. Trade pressures are down into the neutral zone. Volumes are bullish.

The next target up is retest of the 9.99 high.

A close below 8.90 would signal lower.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLV22

Weekly – In the Feb 2022 uptrend. Trade pressures are down. Volumes are bearish.

Daily – Short. In the move down from the 8/12 re-entry. Consolidating at the 200 day MA. Trade pressures are up. Volumes are bearish.

A close below 89.30 would reenter the short trade. The next target down after is 87.03.

A close above 93.83 would signal higher. Use this as the SL.

[8-22-22: The 200 day MA is holding support; close/reduce shorts. ]

 

NAT GAS_ NGU22

Weekly – In the June 2021 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Long. stopped out on the late week pullback. Trade pressures are up but declining. Volumes are now neutral.

The next target up is 9.63.

A close below 8.58 would signal lower.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU22

Weekly – In the Feb 2022 uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 8/1 short entry at 94.59. Trade pressures are up but turning down. Volumes are now neutral.

The next target down is 86.43.

A close above 95.53 would signal higher.

 

NAT GAS_ NGU22

Weekly – Remains in the long June 2021 uptrend. Trade pressures are up. Volumes are now bullish.

Daily – Long. In the new move up from 8/11 at 8.52. Trade pressures are up. Volumes are bullish.

Wait for the over bot to work off, then buy below 8.52.

A close below 8.50 would signal lower and is the SL.

[8-17-22: The reversal down then back up thru the 8.52 occurred on 8/15. today, 8/17, nat gas trades down to the 9.21 SL. Sell NGU22.]