Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLF26

Weekly – In the June 2025 uptrend, testing support. Trade pressures are in the neutral zone. Volumes are now bearish.

Daily –Flat. 12-8-25: Stopped out at 59.30. Support at 57.74. Trade pressures are now down.  Volumes are now bearish.

The next target down is 56.74.  The expected oversold level decliness to 57.03.

A close above 58.30 would signal higher. The expected overbought levels rises to 60.01.

[OB/OS channel is widening.]

 

NAT GAS_ NGF26

Weekly – In the new November 2025 uptrend, support at 3.55. Trade pressures are down.  Volumes are now bearish.

Daily – Flat, Breaks down below support. Trade pressures are down.  Volumes are bearish.

The next target down is 3.95. The expected oversold level declines to 3.95.

A close above 4.34 would signal higher. The expected overbought level declines to 4.92.

[OB/OS channel is declining.]