#crudeoilfutures #naturalgasfutures

CRUDE_ CLX22

Weekly – In the new September 2022 downtrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the*9 short entry on 8/31. Trade pressures are down. Volumes are bearish.

The next target down is 76.99.

A close above 79.27 would signal higher. Use this as the SL.

 

NAT GAS_ NGX22

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

Daily – Flat. In the move down from the 8.70 short entry on 9/15. Trade pressures are down. Volumes are bearish.

At the 6.98 downside target. the  next target down is 6.59, the 200 day MA.

A close above 8.03 would signal higher.