The next sell signal on /CL crude will come on a solid break below this 60-minute bearish rising wedge pattern. USO (+1x ETF), SCO (-2x ETF), /QM (MINY futures), & /MCL (MICRO futures) are some other proxies for trading crude oil.

CL 60m July 30th

CL 60m July 30th

NG (natural gas futures) was rejected impulsively off the backtest of the recent trendline breakdown level with a continued move down to the near-term price targets (3.800, 3.743, & the intersecting uptrend line +3.573 support level) still likely. UNG (+1x ETF), KOLD (-2x ETF), and /QG (MINY nat gas futures) are some additional proxies for trading natural gas. 60-minute chart below.

NG 60m July 30th

NG 60m July 30th