#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.