#crudeoilfutures #naturalgasfutures

CRUDE_ CLV22

Weekly – In the February 2022 uptrend. Trade pressures are down. Volumes are now neutral.

Daily – Flat. In the move up off the 200 day MA at 87.12. Trade pressures are down into the neutral zone. Volumes are bullish.

The next target up is the new long entry at 93.83.

A close below the MA signals lower.

 

NAT GAS_ NGV22

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

Daily ; Flat. In the move up from the 8.52 long entry on 8/11. Trade pressures are down into the neutral zone. Volumes are bullish.

The next target up is retest of the 9.99 high.

A close below 8.90 would signal lower.