Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLX25

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

Daily –Flat, . Trade pressures are up but turning down.  Volumes remain are bullish.

Stopped out of the move down from 63.16 on 9/18. Then the close above 63.45 on 9/24 signaled higher. The expected overbought levels rise to 65.92.

A close below 64.52 would signal lower. The expected oversold level rises to 62.38.

[9-26-25: Set the SL at 64.52.]

[9-29-25: Short from the 64.52 entry. set the SL at 64.72]

[9-30-25: Lower SL to 63.52.]

[10-2-25: Lower SL to 61.87.][10-2-25: Buy to Cover at new oversold level of 60.70 stop.] [Stop executed]

 

NAT GAS_ NGX25

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

Daily – Flat, no trade. In the move down from 3.23 on 9/18 (november contract). Trade pressures are up.  Volumes remain bearish.

The next target down is 2.99. The expected oversold level declines to 2.70.

A close above 3.22 would signal higher. The expected overbought level rises to 3.14.