#crudeoilfutures #naturalgasfutures

CRUDE_ CLM22

Weekly – In the January 2022 uptrend. Trade pressures are up and trending. Volumes are bullish.

Daily – Long. In the new move up after getting stopped out of the short trade at 90.33. Trade pressures are up. Volumes are bullish.

Did not want to chase the move. The new long entry was 94.84. The next targets up are 103.97 and 108.05. Both have been reached.

Seems overbought here. A close below 102.75 would signal lower.

 

NAT GAS_ NGN22

Weekly – In the July 2020 uptrend. Trade pressures are just up. Volumes are bullish.

Daily – Long. In the move up from the Feb 16th entry at 4.32. Trade pressures are up. Volumes are bullish.

The next target up is 5.60.

A close below 4.79 would signal lower.

#crudeoilfutures #naturalgasfutures

CRUDE_CLM22

Weekly – In the January 2022 uptrend. Trade pressures are up. Volumes are now bearish.

Daily – Short. Stopped out of the prior short at the open on 2/22 for a loss. Trade pressures are up down towards the neutral zone. Volumes are now neutral.

The 2/24 Russian invasion spike receded immediately, setting up a new short from 91.97. The next target down is 85.92.

A close above 90.33 would signal higher.

 

NAT GAS_ NGH22

Weekly – In the June 2021 uptrend. Trade pressures are in the neutral zone. Volumes are bullish.

Daily – Short. Interesting that the 2/24 Invasion spike was a lower high than the 2/2 spike. Trade pressures are down. Volumes are now neutral.

Short from the 4.73 trigger on 2/4. The next target down was met at the 3.95 level. The followed by a retracement to the spike high on 2/24. Now expect the 3.95 downside target to be retested.

A close above the spike at 4.71 would signal higher. use 4.70 as the SL.

 

 

 

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM22

Weekly – In the January uptrend. Trade pressures are up and trending. Volumes are now bearish.

Daily – Short. The new short is signaled at 85.91. Trade pressures are down hard. Volumes remain bullish.

The next target down is 81.71.
Trading is against the weekly pressures. Wait to enter on a bearish reversal of the trade pressures.

A close above 87.49 would signal a resumption of the move up. Use that as a SL.

 

NAT GAS_ NGH22

Weekly – The 3.21 support has held the uptrend. Trade pressures are down into the neutral zone. Volumes are now bullish.

Daily – Flat. In a retracement up inside the move down from 4.73. Trade pressures are down into the neutral zone. Volumes are now neutral.

The next target down is 3.95.

A close above 4.60 would signal higher.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM22

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

Daily – Flat. In the move up from the December 2021 long entry at 66.15. Trade pressures are up. Volumes are bullish.

The next target up is 91.75.

A close below 85.81 would signal lower. Use this as the SL

 

NAT GAS_ NGH22

Weekly – The move up off the 3.30 support levels has stalled. Trade pressures are down into the neutral zone. Volumes are now neutral.

Daily – In the move down from the 4.79 level. Trade pressures are down. Volumes are bearish.

The net target down is 3.64.

A close above 4.36 would signal higher.

 

#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.