#crudeoilfutures #naturalgasfutures

CRUDE_ CLM22

Weekly – In the Feb 2022 uptrend. Trade pressures are in the neutral zone. Volumes are neutral.

Daily – Flat. In the move down from the 107.92 short entry on March 28th. Trade pressures are up but turning down. Volumes are bullish.

The next target down is 93.79.

A close above 107.48 would signal higher.

 

NAT GAS_ NGN22

Weekly – In the June 2021 uptrend. Consolidating after the spike high. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move down from the 7.41 short entry. Trade pressures are up. Volumes are neutral.

The next target down is 6.26.

The Friday close above the 7.15 level should signal a new move up.