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CRUDE_ CLM23

Weekly – In the September 2022 downtrend. Trade pressures have risen into the neutral zone. Volumes are now neutral.

Daily –Flat. In the move up from 67.42. Trade pressures are up. Volumes are bullish.

The next target up is 76.63. The expected overbought level is 74.90.

A close below 73.29 would signal lower. The oversold level is 66.86.

[3-31-23: Immediately stopped out of the 75.18 short trade for a loss. Quarter ending trades all bullish. Try again higher this nest week.]

 

NAT GAS_ NGN23

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

Daily – Flat. Broke the 2.83 support . Trade pressures are down but rising. Volumes are now bullish.

Downside support is gone. The expected oversold level is 2.01.

A close above 2.73 would signal higher. The next target up is 2.86. Overbought is at 2.48.