#crudeoilfutures #naturalgasfutures

CRUDE_ CLK25

Weekly – Breaks down into the new April 2025 downtrend. Trade pressures rise into the neutral zone. Volumes remain bearish.

Daily –Flat. After the break down thru the 68.75 short entry, price crashes to the September lows. Trade pressures are down.  Volumes are bearish.

The next target down is 58.09. The expected oversold level declines to 63.96.

A close above 64.94 would signal higher.  The expected overbought levels declines to 70.30.

 

NAT GAS_ NGK25

Weekly – In the new January 2025 uptrend. Trade pressures are up still declining.  Volumes remain neutral.

Daily – Flat.  Breaks support and stopped out for a loss. Trade pressures are down.  Volumes are bearish.

The next target down is 3.22. The expected oversold level rises  to 3.74.

A close above 4.13 would signal higher. The expected overbought level rises to 4.25.