#crudeoilfutures #naturalgasfutures

CRUDE_ CLM25

Weekly – Breaks down into the new April 2025 downtrend. Trade pressures are down. Volumes are neutral.

Daily –Long. The long entry tiggered at 61.36 in the 4/16 premarket. Trade pressures are up.  Volumes are bullish.

The next target up is 65.49.  The expected overbought levels declines to 64.20.

A close below 59.89 would signal lower. The expected oversold level rises to 58.09.

[set the SL at 59.89.]

 

NAT GAS_ NGK25

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

Daily – Short.  Breaks uptrend support and triggers the short entry at 3.75 on 4/4.  Trade pressures are down.  Volumes are bearish.

The next target down is 3.16. The expected oversold level declines to 3.10.

A close above 3.32 would signal higher. The expected overbought level declines to 3.76.

[set the SL at 3.32.] [Take profits at the 3.16 target.]

 

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CRUDE_ CLK25

Weekly – Breaks down into the new April 2025 downtrend. Trade pressures are down. Volumes are neutral.

Daily –Flat. Price crashes to the September lows at 65.12, then moves up to July 2025 median line resistance. Trade pressures are down but rising.  Volumes are neutral.

A close above 63.59 would signal higher.  The expected overbought levels declines to 66.74.

A close below 58.45 would signal lower. The expected oversold level declines to 55.08.

 

NAT GAS_ NGK25

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

Daily – Short.  Breaks uptrend support and triggers the short entry at 3.75 on 4/4.  Trade pressures are down.  Volumes are bearish.

The next target down is 3.16. The expected oversold level declines to 3.30.

A close above 3.67 would signal higher. The expected overbought level declines to 3.90.

[4-14-25: Set the SL at 3.61.]

[4-16-25: Lower the SL to 3.34.]

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CRUDE_ CLK25

Weekly – Breaks down into the new April 2025 downtrend. Trade pressures rise into the neutral zone. Volumes remain bearish.

Daily –Flat. After the break down thru the 68.75 short entry, price crashes to the September lows. Trade pressures are down.  Volumes are bearish.

The next target down is 58.09. The expected oversold level declines to 63.96.

A close above 64.94 would signal higher.  The expected overbought levels declines to 70.30.

 

NAT GAS_ NGK25

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

Daily – Flat.  Breaks support and stopped out for a loss. Trade pressures are down.  Volumes are bearish.

The next target down is 3.22. The expected oversold level rises  to 3.74.

A close above 4.13 would signal higher. The expected overbought level rises to 4.25.

 

 

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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.]

[4-2-25: Raise the SL to 3.94.]

[4-4-25: Stopped out with the Trump tariff crash.]

 

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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.]

 

#crudeoilfutures #naturalgasfutures

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]