#crudeoilfutures #naturalgasfutures

CRUDE_ CLH26

Weekly – In the new January 2026 uptrend. Trade pressures remain up. Volumes remain bullish.

Daily – Flat. Stopped out at 65.42. Need a pullback to re-enter. Trade pressures are up.  Volumes are bullish.

The next target up is 66.45. The expected overbought levels rise to 65.72.

A close below 63.60 would signal lower. The expected oversold level rises to 60.12.

[OB/OS channel is rising.]

(One of the larger components measuring inflation; and the Hedgeye inflation nowcast expects lower inflation in the 1st quarter 2026.)

 

NAT GAS_ NGH26

Weekly – In the new January 2025 uptrend, dramatically reversing the downtrend. Trade pressures are now up.  Volumes remain bullish.

Daily – Flat, ripped higher for the week, extending the high to 4.41. Trade pressures are up.  Volumes are now bullish.

The next target up is 4.70. The expected overbought level declines to 5.11.

A close below 3.91 would signal lower. The expected oversold level declines to 3.50.

[OB/OS channel is declining.]

[1-30-26: If long, SL at 3.91.]