Oil & Gas

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CRUDE_ CLU25

Weekly – In the June 2025 uptrend, traded lower butnow rising. Trade pressures are in the neutral zone. Volumes remain neutral.

Daily –Long, from the 67.82 breakout on 7/29.  Trade pressures are up.  Volumes are now neutral.

The next target up is 73.61. The expected overbought levels decline to 69.36.

A close below 68.74 would signal lower. The expected oversold level declines to 65.17.

[7-30-25: Set the SL at 68.74.]

 

NAT GAS_ NGU25

Weekly – In the new July 2025 downtrend. Trade pressures are down.  Volumes remain bearish.

Daily – Flat.  The move up failed at 3.67. Trade pressures are down but rising.  Volumes are bearish.

The next target down is 2.31. The expected oversold level declines to 2.87.

A close above 3.35 would signal higher. The expected overbought level declines to 3.36.