Category: Energy

Oil & Gas

CRUDE_ CLG26

Weekly – In the December 2025 downtrend. Trade pressures are now up. Volumes are now bullish.

Daily – Long. In the move up from 58.62 on 1/9/26. Breaks above the June 25 downtrend line. Trade pressures are up.  Volumes are bullish.

The next target up is 62.48. The expected overbought levels rise to 58.99.

A close below 57.84 would signal lower. The expected oversold level rises to 55.88.

[1/10/26: Set the SL at 57.84.]

[1-13-26: at the 61.31 target. Raise the SL to 58.50.]

[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_ NGG26

Weekly – In the new January 2025 downtrend; breaking support at 3.16. Trade pressures remain down.  Volumes remain bearish.

Daily – Flat, In the second leg down from 3.75 on 12/31. Trade pressures are down.  Volumes are now bearish.

The next target down is 3.05. The expected oversold level declines to 3.05.

A close above 3.55 would signal higher. The expected overbought level declines to 3.87.

[OB/OS channel is declining.]

OIl & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLG26

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

Daily –Short. In the move down from 58.02 on 12/31. The rally to resistance at 58.88 turns the trade down once again. Trade pressures are down.  Volumes remain bearish.

The next target down is 56.32.  The expected oversold level rises to 55.56.

A close above 57.61 would signal higher. The expected overbought levels rise to 58.78.

[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_ NGG26

Weekly – In the new November 2025 uptrend; testing support at 3.16. Trade pressures remain down.  Volumes remain bearish.

Daily – Flat, In the second leg down from 3.75 on 12/31. Trade pressures are down.  Volumes are now bearish.

The next target down is 3.32. The expected oversold level declines to 3.51.

A close above 3.73 would signal higher. The expected overbought level declines to 4.19.

[OB/OS channel is declining.]

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLF26

Weekly – In the December 2025 downtrend. Trade pressures are now down. Volumes remain bearish.

Daily –Short. In the short trade at 55.65. The rally to resistance at 58.88 turns the trade down once again. Trade pressures are down.  Volumes remain bearish.

The next target down is 56.12.  The expected oversold level declines to 54.79.

A close above 58.38 would signal higher. The expected overbought levels decline to 58.18.

[OB/OS channel is declining.]

(One of the larger components measuring inflation; and the inflation nowcast expects lower inflation in the months ahead.)

[12-29-25: Sell CLF26 at 56.66 for a loss.]

 

NAT GAS_ NGG26

Weekly – In the new November 2025 uptrend; testing support at 3.55. Trade pressures remain down.  Volumes remain bearish.

Daily – Flat, In the move down from 4.33 on 12/09. Trade pressures are down.  Volumes are now neutral.

The next target down is 3.56. The expected oversold level rises to 3.81.

A close above 3.92 would signal higher. The expected overbought level rises to 4.56.

[OB/OS channel is rising.]

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLF26

Weekly – In the December 2025 downtrend. Trade pressures are now down. Volumes remain bearish.

Daily –Flat. In a move up off the low pivot at 54.85 and showing higher lows. Trade pressures are down, but rising.  Volumes remain bearish.

The next target up is 56.94. The expected overbought levels declines to 58.18.

At resistance, expect lower. A close below 55.65 would resume the move down. The expected oversold level declines to 54.52.

[OB/OS channel is declining.]

(One of the larger components measuring inflation; and the inflation nowcast expects lower inflation in the months ahead.)

 

NAT GAS_ NGF26

Weekly – In the new November 2025 uptrend; testing support at 3.55. Trade pressures are down.  Volumes remain bearish.

Daily – Flat, In the moive down from 4.72 on 12/09. Trade pressures are down.  Volumes are now neutral.

The next target down is 3.59. The expected oversold level declines to 3.54.

A close above 4.11 would signal higher. The expected overbought level declines to 4.45.

[OB/OS channel is declining.]

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.]

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLF26

Weekly – In the June 2025 uptrend, on support. Trade pressures are up into the neutral zone. Volumes are now neutral.

Daily –Long. In the move up from 59.51 on 12/4. Trade pressures are now up.  Volumes are now bullish.

The next target up is 61.53. The expected overbought levels rise to 59.99.

A close below 59.56 would signal lower.  The expected oversold level rises to 57.86.

[OB/OS channel is rising.]

[12-6-25: Set the SL at 59.30.]

[12-8-25: Stopped out at 59.30.]

 

NAT GAS_ NGF26

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

Daily – Flat, Down hard in the premarkets. Trade pressures are up.  Volumes are bullish and increasing.

The next target up is 5.31. The expected overbought level rises to 5.22.

A close below 5.15 would signal lower. The expected oversold level rises to 4.65.

[OB/OS channel is rising.]

 

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLF26

Weekly – In the June 2025 uptrend, on support. Trade pressures remain down. Volumes remain bearish.

Daily –Flat. In the pull back to 58.48, forming a bull flag with a series of lower highs from 10/24. Trade pressures are now up.  Volumes remain bearish.

The next target down is 57.76.  The expected oversold level declines to 57.03.

A close above 59.51 would signal higher. The expected overbought levels decline to 59.73.

[OB/OS channel is declining.]

[12-3-25: Set Buy Stop into crude at 59.57.]

[12-4-25: Long from 59.57. Set SL at 58.85.]

 

NAT GAS_ NGF26

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

Daily – Flat, In a third leg up from 4.61 on 11/19. Trade pressures are up.  Volumes are neutral.

The next target up is 4.90. The expected overbought level rises to 4.79.

A close below 4.63 would signal lower. The expected oversold level rises to 4.24.

[OB/OS channel is rising.]

[the 11/19 trade would have been stopped out. A re-entry long was signaled on 11/26 at 4.55., but in light trading. Too much volatility.]

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ25

Weekly – In the June 2025 uptrend, on support. Trade pressures are down. Volumes remain bearish.

Daily –Flat. In the pull back forming a bull flag, with a series of lower highs from 10/24. Trade pressures are down.  Volumes are bearish.

The next target down is  59.07.  The expected oversold level declines to 57.03.

A close above 60.36 would signal higher. The expected overbought levels decline to 61.60.

[OB/OS channel is declining.]

 

NAT GAS_ NGZ25

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

Daily – Flat, In a second leg up from 4.61 on 11/19. Trade pressures are up.  Volumes are neutral.

The next target up is 4.90. The expected overbought level rises to 4.79.

A close below 4.63 would signal lower. The expected oversold level rises to 4.24.

 

[OB/OS channel is rising.]

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ25

Weekly – In the June 2025 uptrend. Trade pressures are in the neutral zone. Volumes remain bearish.

Daily –Flat. In the pull back forming a bull flag, with a series of lower highs from 10/24. Trade pressures are up.  Volumes are bullish.

The next target down is  59.07.  The expected oversold level declines to 58.01.

A close above 60.33 would signal higher. The expected overbought levels rise to 61.98.

[OB/OS channel is widening.]

 

NAT GAS_ NGZ25

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

Daily – Flat, Still in the new move up from 3.90 on 10/30. Trade pressures are up.  Volumes remain bullish.

The next target up is 4.81. The expected overbought level rises to 4.69.

A close below 4.17 would signal lower. The expected oversold level rises to 4.10.

[11-15: Look for a pullback towards OS to enter.]

[OB/OS channel is rising.]

Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ25

Weekly – In the June 2025 uptrend. Trade pressures are up into the neutral zone. Volumes remain bearish.

Daily –Flat. In the pull back forming a bull flag. Trade pressures are down but turning up.  Volumes are bearish.

A close above 60.62 would signal higher. The expected overbought levels rise to 61.69.

A close below 59.10 would signal lower. [But] The expected oversold level rises to 59.01.

[OB/OS channel is rising.]

 

 

NAT GAS_ NGZ25

Weekly – In the July 2025 downtrend but testing resistance. Trade pressures are up.  Volumes are now bullish.

Daily – Flat, In the new move up from 3.90 on 10/30. Trade pressures are up.  Volumes remain bullish.

The next target up is 4.74. The expected overbought level rises to 4.65.

A close below 4.17 would signal lower. The expected oversold level rises to 3.65.

[11-8: Look for a pullback towards OS to enter.]

[OB/OS channel is rising.]