#crudeoilfutures #naturalgasfutures

CRUDE_ CLM22

Weekly – In the new Jan 2022 uptrend. trade pressures are up. Volumes are bullish.

Daily – In the move yup from the 66.15 long entry on Dec 6, 2021. Trade pressures are up. Volumes are bullish.

The next target up is 91.75.

A close below 83.94 would signal lower.

 

NAT GAS_ NGH22

Weekly – In this volatile uptrend from June 2021. Trade pressures are up. Volumes are bearish. Support has held at the 3.27 level.

Daily –  Short. After the January move up, now in the new move down from 4.79. Trade pressures are now down. Volumes are bearish.

The next target down is 4.01.

A close above 4.93 would signal higher.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM22

Weekly – Moving up inside the Dec 2021 downtrend. Trade pressures are up. Volumes are bullish.

Daily – Long. In the move up from the Dec 20 entry at 66.15. Trade pressures are up. Volumes are bearish.

The next target up is 90.19.

A close below 80.92 would signal lower.

 

NAT GAS_ NGH22

Weekly – Seven weeks of consolidation below the 3.5 level. Trade pressures are up. Volumes are bullish.

Daily – Flat. The second break above the 4.28 long entry, but stopped at the downward sloping channel resistance. Trade pressures are up and trending. Volumes are bullish.

The next target up is 5.22.

A close below 4.60 would signal a failure and lower.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM22

Weekly – In the December 2021 downtrend. Trade pressures are up. Volumes are bullish.

Daily – Everyone thinks oil goes to 100. Trade pressures are up but declining. Volumes are bullish.

The next target up is 91.75.

A close below 79.73 would signal a retracement. Would likely coincide with a change in the expected rate of change of GDP growth.

 

NAT GAS_ NGH22

Weekly – Has made the round trip from the June 2021 breakout. Trade pressures are up. Volumes are now neutral.

Daily – The new long was triggered at 4.43 on 1/12. Ran into the resistance at 4.88, then began a retracement. Trade pressures are down but rising. Volumes are now neutral.

Sitting on support after retracing down to 3.78. The next target up is the 200 Day MA at 4.25.

A close below the support would signal lower.

#crudeoilfutures #naturalgasfutures

Crude_ CLM22

Weekly – In the December 2021 downtrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Closed the long trade at 76.30. Trade pressures are up. Volumes are bullish.

At the 80.19 upside target. Consolidation is expected.

A close below 77.28 would signal lower.

 

NAT GAS_ HGH22

Weekly – In the long uptrend from June 2021. Trade pressures are up into the neutral zone. Volumes are bearish.

Daily – Flat. In the bull flag from October 2021. Trade pressures are down into the neutral zone. Volumes are now neutral.

The close above 4.43 has triggered the new long. But the weekly does not confirm. Wait for the breakout above the bull flag resistance at 4.95.

The next target down is the prior low at 3.52.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM22

Weekly – In the Dec 2021 downtrend. Trade pressures are up. Volumes are bullish.

Daily – Long. In the move up from the Dec 21 entry at 71.27. Trade pressures are up. Volumes are bullish.

The next target up is 80.19.

A close below 73.90 is the SL and would signal lower. ( the 60 minute is showing oversold.)

[1-10-22: June Crude breaks the 3hr stop at 76.01. Sell at 76.30 LMT]

 

NAT GAS_ HGH22

Weekly – In consolidation at the same level as the June 2021 breakout to the upside. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. Very slight bias upward, but with high volatility. Trade pressures are up. Volumes are now bullish.

The next target up is the 200 day at 4.18.

The next target down is the 3.51 downside target.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM22

Weekly – In the Dec 2021 downtrend. Trade pressures are up. Volumes are bullish.

Daily – Long. In the 12/22 long entry at 71.27. Trade pressures are up but turning down. Volumes are neutral.

The next target up is 77.33.

A close below 72.19 would signal lower and is the SL.

[1-6-22: Raise the SL to 75.06.]

 

NAT GAS_ NGH22

Weekly – Flat.  Trade pressures are down . Volumes are bearish.

Daily – Flat. Consolidating at the 3.52 downside target . Trade pressures are down. Volumes are bearish.

The next target down is a break of the 3.49 lows.

Looking for a move up to recover the Omicron drop in early December. Need a close above 3.92 to get long.

 

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM22

Weekly – In the November 2021 downtrend. Trade pressures are down but rising. Volumes are bearish.

Daily – Long. In the move up from the 68.33 long entry on 12/06. Trade pressures are up but retracing. Volumes are now neutral.

The next target up is 74.45.

A close below 67.95 would signal lower into the 62’s.

 

NAT GAS_ NGH22

Weekly – The June 2021 uptrend has completely retraced. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the downtrend from 5.04 on 11/26. Trade pressures are down. Volumes are bearish.

The next target down is 3.51.

A close above 4.50 would signal higher. But no trade without a weekly bullish oscillator reversal.

 

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM22 (June 2022)

Weekly – In the January 2021 uptrend. Trade pressures are down but rising. Volumes are now neutral.

Daily – Long. In the  move up from the 66.15 long entry. Trade pressures are up but rolling over. Volumes are bullish.

At the 70.83  upside target. The next target up is 73.04.

The first leg is retracing. Set any stop loss to the 66.15 entry price.

 

NAT GAS_ NGH22

Weekly – In the April 2020 uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 4,64 short entry. Trade pressures are rising into the neutral zone.

Forming a small bear flag. The next target down is 3.33.

A close above 4.35 would signal higher.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM22

Weekly –  Now in a new downtrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. Took the profit at the 62.99 downside target. Trade pressures are down but rising. Volumes remain bearish.

The next target up is a new long entry at 68.54. The weekly is still down so this is a corrective move only. Take the next profit target at 74.66. move stop to BE asap.

A close below 64.04 is the SL and signals lower.

 

NAT GAS_ NGH22

Weekly – Still in the long uptrend from April of 2020, but nearing support at 3.49. Trade pressures are down. Volumes are bearish.

Daily – Flat. After the 11/24 breakout to the upside the trade failed and fell to the 200 day MA at 3.90. Trade pressures are down. Volumes are bearish.

The next target  down is 3.33.

A close above 4.69 would signal higher.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM22

Weekly – June Crude is down hard and testing the weekly support at 65.19. Trade pressures are down. Volumes are bearish.

Daily – Short. In the move down from the 75.59 short entry. Trade pressures are down . Volumes are bearish.

The next target down is 62.99. Take profit there.

A close above 66.75 would signal higher.

 

NAT GAS_  NGH22

Weekly –  March Nat Gas is in the long uptrend from April 2020. Trade pressures are down. Volumes are bearish.

Daily – Long. In the new move up from the 5.007 long entry. Trade pressures are up. Volumes are bullish.

Long at the open of the Sunday session, @4.818.

The next target up is 5.63. Take that profit as the weekly pressures is still down.

A close below 4.45 would signal lower and is also the SL.

[11-30-21: Loss at 4.45. Do Not trade against the weekly trade pressures.]