#crudeoilfutures #naturalgasfutures

CRUDE_ CLV24

Weekly – In the March 2024 uptrend and above support. Trade pressures are up. Volumes remain bullish.

Daily – Flat. In the move up from the 76.14 break out of the bull flag on 8/26; but finding immediate resistance at 77.62.   Trade pressures are now up.  Volumes are now bullish.

The next target up is 78.18. The expected overbought levels are lower at 78.06.

A close below 75.71 would signal lower ( Global slowdown? ). The expected oversold level declines to 70.80.

[8-27-24: New Contract, CLV24. Short At 75.71.  Set S:L at 75.98 lower to BE asap]

[8-29-24: SL hit at 75.98. ]

 

NAT GAS_ NGV24

Weekly – In in a new August 2024 downtrend.  Trade pressures remain  down.  Volumes are now bearish.

Daily – Flat.  The long trade at 2.14 was stopped out for a breakeven. Trade pressures are down.  Volumes are bearish.

The next target down is 1.93. The expected oversold level rises to 1.94.

A close above 2.14 would signal higher. The expected overbought level declines to 2.26.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU24

Weekly – In the March 2024 uptrend and above support. Trade pressures are down. Volumes are now bullish.

Daily – Flat. In the move down from 76.39 on 8/16. Trade pressures are down.  Volumes are now bullish.

The next target down is 73.27. The expected oversold level declines to 71.94.

A close above 76.64 would signal higher. The expected overbought levels are higher at 80.81.

 

NAT GAS_ NGQ24

Weekly – In in a new August 2024 downtrend.  Trade pressures remain  down.  Volumes are now bullish.

Daily – Flat.  The long trade at 2.14 was stopped out for a breakeven. Trade pressures are down.  Volumes are bearish.

The next target down is 2.03. The expected oversold level remains at 1.91.

A close above 2.16 would signal higher. The expected overbought level rises to 2.30.

 

 

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU24

Weekly – In the March 2024 uptrend and above support. Trade pressures are down. Volumes are now bullish.

Daily – Long. In the move up from 74.78 on 8/8. Trade pressures are up.  Volumes are now bullish.

The next target up is 77.89. The expected overbought levels are lower at 77.72.

A close below 75.28 would signal lower. The expected oversold level rises to 71.78.

[8-8-24: Long at 74.78.]

[8-11-24: set the SL at 74.78.]

[8-12-24: Raise the SL to 77.89.  ** 10 min before close, raise to 78.70.]

[8-13-24: Stopped out at 78/70.]

 

NAT GAS_ NGQ24

Weekly – In in a new August 2024 downtrend.  Trade pressures remain  down.  Volumes are now bullish.

Daily – Flat.  The small rally has triggered a long trade at 2.14. Trade pressures are up.  Volumes are bullish.

the next target up is 2.40. The expected overbought level declines to 2.21.

A Close below 2.10 would signal lower. The expected oversold level remains at 1.91.

[8-11-24: Set the SL at 2.10.]

[8-12-24: Raise the SL to the entry price, 2.14.]

 

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU24

Weekly – In the March 2024 uptrend and above support. Trade pressures are down. Volumes are bearish.

Daily – Flat. Continuing the move down from 77.49.  Trade pressures have returned to down.  Volumes are remain bearish.

The next target down is 68.95. The expected oversold level declines to 74.52.

A close back above 79.43 would signal higher. The expected overbought levels are at 79.48.

[8-8-24: Off the 71.67 lows. Close the short at 74.78. Long at 74.78.]

 

NAT GAS_ NGQ24

Weekly – In in a new August 2024 downtrend.  Trade pressures remain  down.  Volumes remain bearish.

Daily – Flat.  Still Relentless Decline. Trade pressures remain down.  Volumes remain bearish.

The next target down is 1.87. The expected oversold level declines to 1.91.

A close above 2.01 would signal higher.  The expected overbought level declines to 2.26.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU24

Weekly – In the March 2024 uptrend and above support. Trade pressures are up but declining. Volumes remain neutral.

Daily – Short. in the new move down from 79.57 on 7/19.  Trade pressures have returned to down.  Volumes are now bearish.

The next target down is 76.03. The expected oversold level rises to 80.56.

A close back above 81.12 would signal higher. The expected overbought levels are now higher at 83.48.

[7-31-24: close short at76.95.]

 

NAT GAS_ NGQ24

Weekly – In the April 2024 uptrend.  Trade pressures remain  down.  Volumes remain bearish.

Daily – Flat.  Relentless decline. Trade pressures are down.  Volumes remain bearish.

The next target down is 2.00. The expected oversold level declines to 1.94.

A close above 2.27 would signal higher.  The expected overbought level declines to 2.44.

#usdollarfutures #ustreasurybondfutures

USD_ DXU24

Weekly –  Remains in the April 2024 uptrend.  Trade pressures are down. Volumes are bearish.

Daily – Short. Closed below the 105.07 support .  Trade pressures are down.  Volumes are bearish.

The next target down is 103.60.  The expected oversold levels decline to 104.10.

A close above 104.09 would signal higher. The higher expected overbought level is 105.53.

 

US30YR T-BOND_ USU24

Weekly – In the April 2024 downtrend.  Trade pressures are down into the neutral zone.  Volumes are now bullish.

Daily  – Long. Closed above the March UML at 118-27 on 7/11.  Trade pressures are up. Volumes are bullish.

The close above the 200 day MA at 117-19 started a new move up. Overbought levels are 120-28.

A close below 119-09 would signal lower. Oversold levels are 116-11.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU24

Weekly – In the March 2024 uptrend and above support. Trade pressures are up. Volumes are now neutral.

Daily – Flat. The move up stopped at 83.56 which was a lower high.   Trade pressures have returned to – up.  Volumes are now neutral.

Very near a close below 80.54 which would signal lower. The expected oversold level rises to 80.74 (support).

A close back above 81.89 would signal higher. The expected overbought levels are now higher at 84.33.

 

NAT GAS_ NGQ24

Weekly – In the April 2024 uptrend.  Trade pressures remain  down.  Volumes are bearish.

Daily – Flat.  time moves price across the 6/25 downtrend line. Trade pressures are down.  Volumes remain bearish.

The next target down is 2.21. The expected oversold level declines to 2.17.

A close above 2.39 would signal higher.  The expected overbought level declines to 2.58.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU24

Weekly – In the March 2024 uptrend and at support. Trade pressures are up. Volumes are bullish.

Daily – Flat. Still in the move up from the 78.78 long entry on 6/17.   Trade pressures are up.  Volumes are bullish.

The next target up is 85.96. The expected overbought levels are now higher at 84.32.

Very near to a close below 83.49 which would signal lower. The expected oversold level rises to 80.14.

 

NAT GAS_ NGQ24

Weekly – In the April 2024 uptrend.  Trade pressures remain  down.  Volumes are bearish.

Daily – Flat.  Breaks further down below the downward channel. Trade pressures are down.  Volumes remain bearish.

The next target down is 2.21. The expected oversold level rises to 2.35.

A close above 2.47 would signal higher.  The expected overbought level declines to 2.90.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU24

Weekly – In the March 2024 uptrend and at support. Trade pressures are up. Volumes are bullish.

Daily – Long. In the move up from the 78.78 long entry on 6/17.   Trade pressures are up.  Volumes are bullish.

The next target up is 82.40. The expected overbought levels are now higher at 82.99.

A close below 79.96 would signal lower. The expected oversold level rises to 78.28.

[6-30-24: Profit taken Sunday Nite session. at 81.59]

 

NAT GAS_ NGQ24

Weekly – In the April 2024 uptrend.  Trade pressures are now down.  Volumes are bearish.

Daily – Flat.  In the downward channel. Trade pressures are down.  Volumes remain bearish.

The next target down remains at 2.42. The expected oversold level rises to 2.63.

A close above 2.84 would signal higher.  The expected overbought level declines to 3.01.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLQ24

Weekly – In the March 2024 uptrend and at support. Trade pressures are down. Volumes have turned neutral.

Daily – Long. In the move up from the 78.78 long entry on 6/17.   Trade pressures are up.  Volumes are bullish.

The next target up is 82.30. The expected overbought levels are now higher at 81.99.

[Set the SL at 79.75.]

A close below 78.28 would signal lower. The expected oversold level rises to 75.71.

[6-28-24: Raise the SL to 80.21]

 

NAT GAS_ NGQ24

Weekly – In the April 2024 uptrend.  Trade pressures are up.  Volumes are neutral.

Daily – Flat.  The move up failed at the 200 day MA. Trade pressures are down.  Volumes are now bearish.

The next target down is 2.42. The expected oversold level rises to 2.63.

A close above 2.89 would signal higher.  The expected overbought level declines to 3.16.