Category: Energy

Oil & Gas

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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.]

Oil & Gas

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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.

Oil & Gas

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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.

Oil & Gas

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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.]

 

 

Oil & Gas

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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.

Oil & Gas

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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]

Oil & Gas

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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]

Oil & Gas

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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.

Oil & Gas

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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.

Oil & Gas

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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.