#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.