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CRUDE_ CLZ22

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

Daily – Flat. In the gap between long and short. Trade pressures are up. Volumes are now neutral.

The next target up is 89.05, a new long entry. Overbought level is 93.11.

A close below 83.41 would signal lower. 84.01 is the oversold level.

 

NAT GAS_ NGHZ22

Weekly – In the October 2022 downtrend. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. Much too much volatility; the daily ranges are 1/2 of a big point. Trade pressures are down but rising. Volumes are bearish.

The next target up is a retest of the 6.50 long entry. 6.91 is the current overbought level.

A close below 5.80 would signal lower. But the oversold levels are now at 5.51.