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CRUDE_ CLH23

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

Daily – Flat. In the second leg down from the 79.37 short entry on 12/5. Trade pressures are down. Volumes are bearish.

The next target down is 67.16. Oversold is at 70.03.

A close above 72.86 would signal higher. USE this as SL. Overbought is 80.38.

 

NAT GAS_ NGH23

Weekly – In the October 2022 downtrend. Trade pressures are down into the neutral zone. Volumes are bullish.

Daily – Long. In the move up from the 5.21 long entry. Trade pressures are up. Volumes are bullish.

The oversold level was reached at 5.00. The next target up is 5.79. Overbought is 6.77.

A close below 5.13 would signal lower and is the SL.