Oil & Gas

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CRUDE_ CLX25

Weekly – In the June 2025 uptrend, but sideways. Trade pressures are up slightly. Volumes are bearish.

Daily –Short, In the new move down from 63.16 on 9/18.  Trade pressures are down.  Volumes remain bearish.

The next target down is 61.58. The expected oversold level stays at 61.88.

A close above 63.45 would signal higher. The expected overbought levels rise to 64.87.

[ Set the SL at 62.96.]

 

NAT GAS_ NGV25

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

Daily – Flat, no trade. In the move down from 3.06 on 9/18. Trade pressures are down.  Volumes are now bearish.

The next target down is 2.77. The expected oversold level declines to 2.85.

A close above 2.93 would signal higher. The expected overbought level declines to 3.12.

— ( The OB/OS channel is now pointing down.)