Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU22

Weekly – In the January 2022 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 97.65 long entry on 3-22-22. Trade pressures are up into the neutral zone. Volumes are bullish.

The next target up is 109.95.

A close below 102.45 would signal lower.

 

NAT GAS_ NGN22

Weekly – In the June 2021 uptrend. Trade pressures are up but declining. Volumes are bullish.

Daily – In the new move up from the 7.73 entry on 5-13-22. Trade pressures are down. Volumes are bullish.

The next target up is 8.99.

A close below 7.82 would signal lower.