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CRUDE_ CLU25

Weekly – In the June 2025 uptrend, but declining. Trade pressures are down. Volumes are now bearish.

Daily –Short, In the second leg down from 67.33 on 8/1.  Trade pressures are down.  Volumes remain bearish.

The next target down is 61.61. The expected oversold level declines to 62.47.

A close above 64.65 would signal higher. The expected overbought levels decline to 67.91.

 

NAT GAS_ NGU25

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

Daily – Flat.  in the move down from 3.41 on 7/21. Trade pressures are down but rising.  Volumes are bearish.

The next target down is 2.57. The expected oversold level rises to 2.91.

A close above 3.20 would signal higher. The expected overbought level declines to 3.21. ( so, no upside follow thru likely.)