#crudeoilfutures #naturalgasfutures
CRUDE_ CLU22
Weekly – In the Jan 2022 uptrend. Trade pressures are up but turning down. Volumes are bearish.
Daily – Short. In the new short trade from the 111.88 entry. Trade pressures are down. Volumes are bearish.
The next target down is 102.76. Take profits there.
A close above 110 would resume the move up.
NAT GAS_ NGN22
Weekly – In the June 2021 uptrend. Trade pressures are down into the neutral zone. Volumes are now bearish.
Daily – Short. In the move down from the 8.45 entry price on June 14th. Trade pressures are are down. Volumes are bearish.
The next target down is 6.54. Take profits there.
A close above 7.54 would signal higher.