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CRUDE_ CLU23

Weekly – In the July 2022 downtrend. Trade pressures are up into the neutral zone. Volumes are now neutral.

Daily – Flat. In the move up from the 5/5 (Sept) entry. Trade pressures are down into the neutral zone. Volumes are now neutral.

The next target up is 74.62. The next overbought level is 74.27.

A close below 70.22 will signal lower. The expected oversold levels are now 69.88.

 

NAT GAS_ NGN23

Weekly – In the December 2022 downtrend; sitting on long term support. Trade pressures are u[p into the neutral zone. Volumes are now neutral.

Daily – Flat. Pulling back to support at 2.31.  Trade pressures are down. Volumes are now bearish.

The next target up is 3.38. The expected overbought level is 2.70.

A close below 2.31 would signal lower. The expected oversold level is 2.24.