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CRUDE_ CLM22

Weekly – In the February 2022 uptrend. Trade pressures are up but declining. Volumes are now neutral.

Daily – Flat. In the move up off the 103.72 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 118.65.

The 113.00 reversal starts what looks to be a lower high. The next target down is 105.81 which is the new short entry.

 

NAT GAS_ NGN22

Weekly – In the July 2020 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Long. In the  move up from the 4.91 long entry, Trade pressures are up and trending. Volumes are bullish.

Profits taken at 5.20 but price continues through the 5.60 target. The next target up is 5.88.

A close below 5.48 would signal a retracement.