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CRUDE_ CLX22

Weekly – In the September 2022 downtrend. Trade pressures are up. Volumes are bullish.

Daily – Short. In the new move down from the 88.40 entry on 10-11. Trade pressures are down. Volumes are down.

The next target down is 83.16. This level is the oversold level, take profits here.

A close above 87.79 would signal higher. Set the SL at this level.

[10/18/22: Stopped out at the 83.16 target.]

 

NAT GAS_ NGX22

Weekly – Testing the support of the June 2021 uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. Basing around the 200 day MA after the move down. Trade pressures are up into the neutral zone. Volumes are bearish.

The next target down is 5.76

A close above 7.50 would signal higher.