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CRUDE_ CLH23

Weekly – In the September 2022 downtrend. Trade pressures are in the neutral zone. Volumes are bearish.

Daily – In the move up from the second leg up thru 74.71 on 1/10/23. Trade pressures are up. Volumes are bullish.

The next target up is 80.82. Overbought is at 79.59.

A close below 78.30 would signal lower. Overbought is at 71.15.

 

NAT GAS_ NGH23

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

Daily – Flat. In the the second leg down from 6.80 on 11/30/22. Trade pressures are down but rising. Volu es are bearish.

The next target down is 2.66. oversold is at 3.31.

A close above 3.82 would signal higher. Overbought is expected at 4.43.