#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.

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CRUDE_ CLU22

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

Daily – Long. In the new move up from the 7/18 long entry @ 96.03. Trade pressures are up. Volumes are bearish.

The next target up is 104.58.
[Take profits above 101.34.]

A close below 95.98 would signal lower. Use this as the SL.

[8-1-22: Stopped out at 95.98.]

 

NAT GAS_ NGU22

Weekly – Remains in the June 2021 uptrend after testing the support in early July 2022. Trade pressures are up. Volumes are now bearish.

Daily –  Short. In the new move down from the 7/28 short entry @ 8.32. Trade pressures are down into the neutral zone.

The next target down is 7.22.
[Take profits below 7.03.]

A close above 8.88 would signal higher. Use this as the SL.

[8-1-22: Lower SL to BE, 8.32.]

[8-3-22: Stopped out at BE, 8.32]

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CRUDE_ CLU22

Weekly – In the January 2022 uptrend. Trade pressures are down. Volumes are bullish.

Daily – Long. Completed the move down to the 92.72 target, Trade pressures are in the neutral zone. Volumes are neutral.

The close above the 100.35 triggered the new long entry. The next target up is 108.53.

A close below 97.83 would signal lower.

[7-12-22: stopped out at the 97.83 SL. The weekly did not confirm.]

 

NAT GAS_ NGQ22

Weekly – In the June 2021 uptrend. Near the 4.27 support level. Trade pressures are down. Volumes are bearish.

Daily – Long. The 6.10 entry has been triggered. Trade pressures are up. Volumes are bullish.

The next target up is 6.93.

A close below 5.96 would signal lower. The weekly does not confirm; set the stops at 5.96.

[7-12-22: raise stop to BE @ 6.10.]

[7-13-22: Weekly turning up but still down. profit stop at 6.72.] [Noon: out at 6.72]

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CRUDE_ CLU22

Weekly – In the January 2022 uptrend. Trade pressures are down into the neutral zone. Volumes are bearish.

Daily – Short. In the Short from the 106.79 entry. Trade pressures are down. Volumes are bearish.

The next target down is 99.76.

A close above 106.23 would signal higher. Use this as a stop loss.

[7-4-22: stopped out for small gain.]

 

NAT GAS_ NGQ22

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

Daily – Flat. In the move down from the 8.97 level. Trade pressures are down. Volumes are now neutral.

The next target down is 4.66.

A close above 5.96 would signal higher.

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CRUDE_ CLU22

Weekly – In the Jan 2022 uptrend. Trade pressures are now down into the neutral zone. Volumes are bearish.

Daily – Long. Out of the new short trade from the 111.88 entry.  Met the 102.76 target and took profits there. Trade pressures are down. Volumes are bearish.

Now new Long at the 106.31. Set the SL at 103.90.
[6/27/22: Cancel new long. look for short at the upper median line around the 114 level.]

A close below 98.01 would signal lower.

 

NAT GAS_ NGQ22

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

Daily – Flat. In the move down from the 8.92 entry price on June 14th. Trade pressures are are down. Volumes are bearish.

Took profits at the 6.58 level. The next target down is 5.76.

A close above 7.53 would signal higher.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU22

Weekly – In the Jan 2022 uptrend. Trade pressures are up but turning down. Volumes are bearish.

Daily – Short. In the new short trade from the 111.88 entry. Trade pressures are down. Volumes are bearish.

The next target down is 102.76. Take profits there.

A close above 110 would resume the move up.

 

NAT GAS_ NGN22

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

Daily – Short. In the move down from the 8.45 entry price on June 14th. Trade pressures are are down. Volumes are bearish.

The next target down is 6.54. Take profits there.

A close above 7.54 would signal higher.

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CRUDE_ CLU22

Weekly – in the Jan 2022 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. This September contract is lagging the July contract. Trade pressures are up but turning down. Volumes are bullish.

The next target up is 118.90.

A close below 111.88 would signal lower.

 

NAT GAS_ NGN22

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

Daily – Flat. The reversal of the the move down was immediate and stopped out any shorts.. Trade pressures are down but rising. Volumes are bullish.

The next target up is 9.84.

A close below 8.45 would signal lower.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU22

Weekly – In the Fed 2022 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Near the end of the move up from the March 21 long entry at 97.66. Trade pressures are up and trending. volumes are bullish.

The next target up is 115.75.

A close below 113.04 would signal lower and should be used as a SL.

 

NAT GAS_ NGN22

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

Daily – Short. In the move down from the May 30th short entry at 8.68. Trade pressures are down. Volumes are b earish.

The next target down is 7.51.

A close above 8.61 would signal higher.

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CRUDE_ CLU22

Weekly – This new September contract in the January 2022 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Long. In the March 22 long trade from 97.66. Trade pressures are up. Volumes are bullish.

The next target up is 115.75.

A close below107.13 would signal lower. Use this level as the SL.

 

NAT GAS_ NGN22

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

Daily – Flat. In the move up even now, after closing above a test of the 8.66 short entry. Trade pressures are down. Volumes are bearish.

The next target up is 9.85.

Any close below the 8.66 would signal lower. (Putin asking for new talks?) Use the prior high at 9.44 as the SL

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM22

Weekly – In Jan 2022 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the sideways channel. Trade pressures are up. Volumes are bullish.

The next target up is the prior high of 116.07.

The nbext target down is 92.87.

 

NAT GAS_ NGM22

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

Daily – Flat. In the move down from the 8.221 short entry on May 6th. Trade pressures are up. Volumes are bearish.

The next target down is 5.87.

A close above 7.73 confirms the retracement move up.