#crudeoilfutures #naturalgasfutures

CRUDE_ CLV22

Weekly – In the Feb 2022 uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. Consolidating at the 86 level. Trade pressures are down. Volumes are now neutral.

The next target down is 81. The oversold level is @ 82.

A close above 86.40 would signal higher. The over bot levels are at 90.12

 

NAT GAS_ NGV22

Weekly – In the June 2021 uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 8.90 short entry and the 9.11 close on 9/14. Trade pressures are down. Volumes are bearish.

The next target down is 7.28. Oversold is at 7.50.

A close above 8.33 would signal higher. 9.11 is the oversold level.