Oil & Gas

#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.