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CRUDE_ CLU24

Weekly – In the March 2024 uptrend and at support. Trade pressures are up. Volumes are bullish.

Daily – Flat. Still in the move up from the 78.78 long entry on 6/17.   Trade pressures are up.  Volumes are bullish.

The next target up is 85.96. The expected overbought levels are now higher at 84.32.

Very near to a close below 83.49 which would signal lower. The expected oversold level rises to 80.14.

 

NAT GAS_ NGQ24

Weekly – In the April 2024 uptrend.  Trade pressures remain  down.  Volumes are bearish.

Daily – Flat.  Breaks further down below the downward channel. Trade pressures are down.  Volumes remain bearish.

The next target down is 2.21. The expected oversold level rises to 2.35.

A close above 2.47 would signal higher.  The expected overbought level declines to 2.90.