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CRUDE_ CLM25

Weekly – In the April 2025 downtrend. Trade pressures are down. Volumes are bearish.

Daily –Long. In the move up from the 58.15 entry on 5/6.  Trade pressures are up.  Volumes are buliish.

The long trade was stopped out for a small gain. OB now, so look for a pull back below 59.26 to re-enter long.  The expected overbought levels declines to 62.14.

The next target down is 59.05. The expected oversold level declines to 56.16.

 

NAT GAS_ NGM25

Weekly – Still in the January 2025 uptrend. Trade pressures are up into the neutral zone.  Volumes are neutral.

Daily – Long.  In the move up from the 3.15 entry on 4/28, and a new bull flag breakout at 3.76. The first trade was stopped out at 3.26.  Trade pressures are up.  Volumes are bullish.

The next target up is 4.38. The expected overbought level rises to 3.80.

A close below 3.43 would signal lower. The expected oversold level rises to 3.19.