Oil & Gas

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CRUDE_ CLU22

Weekly – This new September contract in the January 2022 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Long. In the March 22 long trade from 97.66. Trade pressures are up. Volumes are bullish.

The next target up is 115.75.

A close below107.13 would signal lower. Use this level as the SL.

 

NAT GAS_ NGN22

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

Daily – Flat. In the move up even now, after closing above a test of the 8.66 short entry. Trade pressures are down. Volumes are bearish.

The next target up is 9.85.

Any close below the 8.66 would signal lower. (Putin asking for new talks?) Use the prior high at 9.44 as the SL