#crudeoilfutures #naturalgasfutures

CRUDE_ CLK25

Weekly – In the January 2025 uptrend, but still testing support. Trade pressures are rising into the neutral zone. Volumes remain bearish.

Daily –Flat. At the 200 day MA, 70.10.  Trade pressures are up, but declining.  Volumes remain bullish.

The 68.67 remains the entry level; looking for a pullback to that entry level. The next target up is 72.34.  The expected overbought levels rises to 70.73.

A break below the trend at 68.75 could precipitate a new leg down. The expected oversold level rises to 66.24.

 

NAT GAS_ NGK25

Weekly – In the new January 2025 uptrend. Trade pressures are up still declining.  Volumes remain neutral.

Daily – Long.  Tested support and closed up for the end of the week, above the 4.02 long entry today. Trade pressures are up.  Volumes are bullish.

The next target up is 4.31. The expected overbought level declines to 4.20.

The next target down is 3.22. The expected oversold level declines  to 3.69.

[Set the stop loss close as the OB/OS levels are declining. Use the 3.89 support level.]

 

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CRUDE_ CLK25

Weekly – In the January 2025 uptrend, but still testing support. Trade pressures are down but rising. Volumes remain bearish.

Daily –Flat. Stopped out of the long from the bull flag breakout at 67.28. Still in the daily bear flag rising off the 65.01 low. Trade pressures are up.  Volumes remain bullish.

Need a close above 68.87 level to confirm the signal higher.  The expected overbought levels rises to 68.64.

A break below the Lower median line (bear flag) at 66.67 could precipitate a new leg down. The expected oversold level rises to 65.62.

[3-24-25: Long at 68.67. Set SL to trend, 67.52.]

[3-25-25: Raise SL to 68.69.] [3-25-25: stopped out ]

 

NAT GAS_ NGK25

Weekly – In the new January 2025 uptrend. Trade pressures are up but declining.  Volumes are now neutral.

Daily – Flat.  Now below the breakdown at 4.26 thru trend. Trade pressures are down.  Volumes are bearish.

The next target down is 3.88. The expected oversold level declines  to 3.80.

A close above 4.19 would signal higher. The expected overbought level declines to 4.50.

 

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CRUDE_ CLK25

Weekly – In the January 2025 uptrend, but still testing support. Trade pressures are down but rising. Volumes remain bearish.

Daily –Long. Long from the bull flag breakout at 67.28. In a daily bear flag rising off the 65.01 low. Trade pressures are up.  Volumes are bullish.

Need a close above 68.87 level to confirm the signal higher.  The expected overbought levels declines to 68.74.

The next target down remains 64.64. A break below the Lower median line (bear flag) at 66.67 could precipitate a new leg down. The expected oversold level declines to 64.18.

[Set the SL at 66.67.]

 

NAT GAS_ NGJ25

Weekly – In the new January 2025 uptrend. Trade pressures are up.  Volumes are now bearish.

Daily – Short.  Now at 4.10. The retracement move formed a bull flag and the breakout was at 3.97 on 3/3; then failed with another breakdown at 4.26 thru trend. Trade pressures remain are down.  Volumes are bearish.

The next target down is 3.83. The expected oversold level rises  to 3.88.

A close above 4.25 would signal higher. The expected overbought level rises to 4.62.

[set a SL at 4.25]

[3-20-25: Rollover to May contract, NGK25. Cover short @ 3.96 for a gain.]

 

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CRUDE_ CLJ25

Weekly – In the January 2025 uptrend, but testing support. Trade pressures are down. Volumes remain bearish.

Daily –Flat. The second leg down from 71.52 on 2/14 is trading near the 64.64 downside target. Trade pressures are down but rising.  Volumes remain bearish.

The next target down remains 64.64.  The expected oversold level declines to 65.60.

Need a close above 68.88 level to signal higher.  The expected overbought levels declines to 70.30.

 

NAT GAS_ NGJ25

Weekly – In the new January 2025 uptrend. Trade pressures are up.  Volumes remain bullish.

Daily – Flat.  At 4.55. The retracement move formed a bull flag and the breakout was at 3.97 on 3/3. Trade pressures remain up but declining.  Volumes are bullish.

After a pullback, the next target up is aretest of 4.55. The expected overbought level rises to 4.52.

The next target down is 4.02. The expected oversold level rises  to 3.75.

 

 

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CRUDE_ CLJ25

Weekly – In the January 2025 uptrend. Trade pressures are down. Volumes remain bearish.

Daily –Flat. The move down from 76.59 on 1/21 has reached the downside target and covered for a gain. Trade pressures aredown but rising.  Volumes remain bearish.

The next target down remains 68.18.  The expected oversold level declines to 68.08.

Need a close above 70.39 level to signal higher.  The expected overbought levels declines to 71.96.

 

NAT GAS_ NGJ25

Weekly – In the new January 2025 uptrend. Trade pressures are up.  Volumes remain bullish.

Daily – Flat.  In the retracement move down from the 4.14 level on 2/20. Trade pressures remain up but declining.  Volumes remain neutral.

The next target down remains 3.75. The expected oversold level rises  to 3.61.

A close above 4.06 would signal higher. The expected overbought level declines to 4.44.

[the OB/OS levels are narrowing.]

#crudeoilfutures #naturalgasfutures

CRUDE_ CLJ25

Weekly – In the January 2025 uptrend. Trade pressures are down. Volumes remain bearish.

Daily –Short. In the move down from 76.59 on 1/21. The first short was stopped out on a rally attempt. The consolidation channel lower bound is being tested. Trade pressures remain down. Volumes are bearish.

The next target down remains 68.18.  Take profits at 68.43. The expected oversold level declines to 69.75.

Need a close above 70.18 level to signal higher.  The expected overbought levels declines to 72.48.

[2-26-25: Profit stop at 68.43 is met for a gain. Flat.]

 

NAT GAS_ NGJ25

Weekly – In the new January 2025 uptrend. Trade pressures are up.  Volumes remain bullish.

Daily – Flat.  In the move down from the 4.14 level on 2/20. Trade pressures remain up but declining.  Volumes remain neutral.

The next target down is 3.75. The expected oversold level declines  to 3.42.

A close above 4.06 would signal higher. The expected overbought level rises to 4.52.

[the OB/OS levels are widening, Chop?]

#crudeoilfutures #naturalgasfutures

CRUDE_ CLJ25

Weekly – In the January 2025 uptrend. Trade pressures are down. Volumes are bearish.

Daily –Short. In the move down from 76.59 on 1/21.  Trade pressures moved up in a rally attempt then failed. Volumes are bearish.

The next target down is 68.18.  The expected oversold level declines to to 69.85.

Need a close above 77.22 level to signal higher.  The expected overbought levels declines to 74.70.

[Set a SL at the parallel line breakout, @71.77.]

[2-18-25: Stopped out a the 71.77 level.]

 

NAT GAS_ NGH25

Weekly – In the new January 2025 uptrend. Trade pressures still in neutral zone.  Volumes remain bullish.

Daily – Flat.  In the move up from 3.22 on 2/3 and above the oversold level. Trade pressures remain up.  Volumes are bullish.

The next target up is the upper median line H at 3.84. The expected overbought level declines to 3.76.

A close below 3.61 would signal lower. The expected oversold level declines to 2.90.

[the OB/OS levels are turning down]

 

 

 

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CRUDE_ CLH25

Weekly – In the new January 2025 uptrend. Trade pressures are down. Volumes are bearish.

Daily –Short. In the move down from 76.62 on 1/21.  Trade pressures remain down. Volumes remain bearish.

The next target down is 68.19.  The expected oversold level declines to to 70.23.

Need a close above 73.51 level to signal higher.  The expected overbought levels declines to 74.70.

[2-11-25: Flat. Price touches the 73.51. level.]

 

NAT GAS_ NGH25

Weekly – In the new January 2025 uptrend. Trade pressures declining to neutral zone.  Volumes remain bullish.

Daily – Flat.  In the move down from 3.62 on 1/17. Trade pressures are up.  Volumes are bullish.

A close below 3.33 did signal lower. The expected oversold level declines to 2.90.

Need a close above 3.41 to start a move up. The expected overbought level declines to 3.80.

[Too much volatility to trade. All pressures are down.]

[2-11-25: Pressures now up and price above the 3.41 signal.]

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CRUDE_ CLH25

Weekly – In the new January 2025 uptrend. Trade pressures are up but declining. Volumes are neutral.

Daily – Flat. In the move down from 76.62 on 1/21.  Took profits on the first trade down to 72.50. Trade pressures are down. Volumes remain bearish.

The next target down is 70.86, the 200 day MA.  The expected oversold level declines to to 71.80.

Need a close above 73.84 level to signal higher, (could happen in the Sunday nite session.)  The expected overbought levels declines to 77.90.

[2-4-25: immediate reversal to short on 2-3 open. No trade]

 

NAT GAS_ NGH25

Weekly – In the new January 2025 uptrend. Trade pressures are up but declining.  Volumes remain bullish.

Daily – Flat.  In the move down from 3.62 on 1/17. Trade pressures are down.  Volumes remain bearish.

A close below 3.33 did signal lower. The expected oversold level declines to 3.01.

Need a close above 3.50 to start a move up. The expected overbought level rises to 4.36.

[Too much volatility to trade.]

#crudeoilfutures #naturalgasfutures

CRUDE_ CLH25

Weekly – In the new January 2025 uptrend. Trade pressures are up but declining. Volumes are neutral.

Daily – Short. In the move down from 76.62 on 1/21.  Trade pressures are down. Volumes remain bearish.

The close below 75.48 did signal lower. The next target down is 72.48.  The expected oversold level rises to 73.65.

Touched the OB level. The next target up is 80.17. The expected overbought levels declines to 78.99.

[Set the SL at 76.07.]

[1-27-25: Flat. Take profits at the72.50 downside target.]

 

NAT GAS_ NGH25

Weekly – In the new January 2025 uptrend. Trade pressures are up.  Volumes remain bullish.

Daily – Flat.  Stopped out of the February contract short trade for a small gain. Trade pressures are down but turning up into the neutral zone.  Volumes remain bearish.

A close below 3.34 would signal lower. The expected oversold level declines to 3.43.

Need a close above 3.50 to start a move up. The expected overbought level declines to 4.34.