#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.]

 

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM22

Weekly – In the January 2021 uptrend. Trade pressures are up, but declining to the neutral zone. 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 68.89.

A close above 72.80 would start a short retracement up, to perhaps 75.50.

 

NAT GAS_ NGZ21

Weekly – June 2021 uptrend still intact. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 5.89 short entry. Trade pressures are up. Volumes are bearish.

The next target down is 4.64.

A close above 5.33 would signal higher.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ21

Weekly – In retracement within the Dec 2020 uptrend. Trade pressures are up but declining. Volumes are bearish.

Daily – Flat. In the retracement down from the 81.73 short entry. Trade pressures are down. Volumes are now neutral.

The next target down is 78.05.

A close above 81.87 would signal higher.

 

NAT GAS_ NGZ21

Weekly – Giving back the entire run-up of September and October. Trade pressure are down. Volumes are bearish.

Daily – Flat. In the move down from the 10/28 short entry at 5.89. Trade pressures are down but rising. Volumes are bearish.

The next target down is 4.64.

A close above 4.91 would signal higher.

Could take a speculative long at the 4.64 target with a tight stop.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ21

Weekly – In the November 2020 uptrend. Trade pressures are up. Volumes are bearish.

Daily – Flat. In the retracement off the 84.50 highs. Trade pressures are down. Volumes are bearish.

The Close below 81.73 has signaled lower. No trade as the weekly remains bullish. The next target down is 78.05.

A close above 84.36 would signal higher.

 

NAT GAS_ NGZ21

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

Daily – Flat. The retracement form the 6.64 highs has resolved into a wide channel. Trade pressures are down. Volumes are now bearish.

The next target down is 5.29.

A lose above 5.67 would signal higher.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ21

Weekly – In the November 2020 up trend. Trade pressures are up. volumes remain bullish.

Daily – Flat. In the move down from the 85.40 high. Trade pressures are down. Volumes are bullish.

The next target down is 78.05. Need a confirmation of a close below the 8058 low and the volume change.

A close above 84.21 would resume the move up.

 

NAT GAS_ HGZ21

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

Daily – Flat. Lower lows and lower highs. Trade pressures are down. Volumes are bearish.

The next target down is 5.26.

A close above 5.99 would signal higher.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ21

Weekly – In the weekly move up. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 70.00 breakout on 9-15. Trade pressures are up. and trending. Volumes are bullish.

The next target up is 84.77. A close below 81.36 would signal lower.

 

NAT GAS_ NGZ21

Weekly – In the retracement of the October 5th spike high. Trade pressures are down into the neutral zone. Volumes are neutral.

Daily – Flat. In the retracement down from the highs. Trade pressures are now up. Volumes remain neutral.

The next target up is 5.65. looking for a back-test of the 25×5 MA at 5.10 to re-enter the long.

A close below 4.82 would signal lower and is the long stop.

#crudeoilfutures #naturalgasfutures

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

Daily – Flat. At the 78.56 upside target. Trade pressures are up. Volumes are bullish.

The next target up is 82.68.

A closebelow 76.93 would signal lower.

 

NAT GAS_ NGZ21

Weekly – Trading between 5.40 and 6.40 as the sharp move up is consolidated. Trade pressures are up. Volumes are now neutral.

Daily – Flat. In consolidation. Trade pressures are down. Volumes are bearish.

The next target down is 5.11.

A close above 6.16 would signal higher.