#crudeoilfutures #naturalgasfutures

CRUDE_ CLM26

Weekly – In the January 2026 uptrend. Trade pressures remain up, but declining. Volumes are now neutral.

Daily – No Trade, Flat. In the rally off the 86.98 long entry. Trade pressures are up.  Volumes are bullish.

The next target up is 99.52. The expected overbought levels declines to 100.99.

The next target down is 92.60, which is also the short entry. The expected oversold level rises to 84.04.

[OB/OS channel is narrowing.] expect decreasing volatility.
OVX (oil volatility) rises to 75; still choppy.

(One of the larger components used to measure inflation. The Hedgeye inflation nowcast now expects rising inflation in the 2nd thru the 4th quarters of 2026.)

 

NAT GAS_ NGK26

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

Daily – Flat, The new move up failed with a break below 2.80, now 2.68.  Trade pressures are down.  Volumes are bearish.

The next target down is 2.65.  The expected oversold level rises to 2.50.

A close above 2.70 would signal higher. The expected overbought level declines to 2.80.

[OB/OS channel is narrowing.]

#crudeoilfutures #naturalgasfutures

CRUDE_ CLM26

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

Daily – Flat. Continues lower amid rally attempts. Trade pressures are down.  Volumes are now bearish.

The next target down is 75.66. The expected oversold level declines to 83.46.

A close above 86.98 would signal higher. The expected overbought levels rise to 119.97.

[OB/OS channel is widening.] expect increasing volatility.
OVX (oil volatility) drops to 69; still choppy.

(One of the larger components measuring inflation. The Hedgeye inflation nowcast now expects rising inflation in the 2nd thru the 4th quarters of 2026.)

 

NAT GAS_ NGK26

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

Daily – Flat, Testing for a new move at the 2.70 level.  Trade pressures are rising into the neutral zone.  Volumes are neutral.

A close above 2.70 would signal higher. The expected overbought level declines to 2.86.

The next support down is 2.63.  The expected oversold level declines to 2.47.

[OB/OS channel is declining.]

#crudeoilfutures #naturalgasfutures

CRUDE_ CLK26

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

Daily – Flat. The prior uptrend crashed to 84, now moving higher . Trade pressures are down.  Volumes are now neutral.

A close below 90.46 would signal lower. The expected oversold level rises to 98.95.

a close above 98.90 would signal higher. The expected overbought levels rise to 116.84.

[OB/OS channel is rising.]
OVX (oil volatility) drops to 78; still choppy.   Daily ranges are too wide.

(One of the larger components measuring inflation. The Hedgeye inflation nowcast now expects rising inflation in the 2nd thru the 4th quarters of 2026.)

 

NAT GAS_ NGK26

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

Daily – Flat, Declining in a channel to the 200 day MA. Trade pressures are down.  Volumes remain bearish.

In the move down from 2.90 on 3/30. The next target down is 2.43.  The expected overbought level declines to 2.96.

A close above 2.70 would signal higher. The expected oversold level declines to 2.62.

[OB/OS channel is declining.]

 

#crudeoilfutures #naturalgasfutures

CRUDE_ CLK26

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

Daily – Flat. The prior uptrend crashed to 84, now moving higher . Trade pressures are up.  Volumes are now bullish.

The next target up is 106.18. The expected overbought levels rise to 101.33.

A close below 95.11 would signal lower. The expected oversold level rises to 87.52.

[OB/OS channel is rising.]
OVX (oil volatility) rises to 96; very high risk.   No trade.

(One of the larger components measuring inflation. The Hedgeye inflation nowcast now expects higher inflation in the 2nd quarter 2026.)

 

NAT GAS_ NGK26

Weekly – In the January 2025 uptrend. Trade pressures are down into the neutral zone.  Volumes remain neutral.

Daily – Flat, Rising in a sideways channel between 2.80 and 3.30. Trade pressures are up.  Volumes remain bearish.

In the move up from 2.95. The next target up is 3.17.  The expected overbought level declines to 3.20.

A close below 3.00 would signal lower. The expected oversold level declines to 2.83.

[OB/OS channel is declining.]

[3-27-26: Watch for rising volumes.]

[3-29-26: Sunday evening open down hard. Missed the 3.00 short entry.]

#crudeoilfutures #naturalgasfutures

CRUDE_ CLK26

Weekly – In the January 2026 uptrend. Trade pressures remain up. Volumes are now neutral.

Daily – Flat. A new uptrend from 98.02 on 3/20. Trade pressures are up.  Volumes remain bullish.

The next target up is 103.73. The expected overbought levels decline to 102.74.

A close below 91.75 would signal lower. The expected oversold level rises to 86.22.

[OB/OS channel is narrowing.]
OVX (oil volatility) declines to 91; still very high risk.   No trade.

(One of the larger components measuring inflation. The Hedgeye inflation nowcast now expects higher inflation in the 2nd quarter 2026.)

 

NAT GAS_ NGJ26

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

Daily – Flat, In the downtrend. Trade pressures are up.  Volumes are bearish.

The next target down is 3.02 . The expected oversold level rises to 2.91.

A close above 3.12 would signal higher.  The expected overbought level declines to 3.41.

[OB/OS channel is widening.]

 

#crudeoilfutures #naturalgasfutures

CRUDE_ CLJ26

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

Daily – Flat. After the pullback from the highs, a new move up from 90.70 on 3/11. Trade pressures are up.  Volumes are bullish.

The next target up is 104.67. The expected overbought levels rise to 103.14.

A close below 91.75 would signal lower. The expected oversold level rises to 83.08.

[OB/OS channel is rising.]
OVX (oil volatility) is 119; very high risk.   No trade.

(One of the larger components measuring inflation; and the Hedgeye inflation nowcast now expects higher inflation in the 2nd quarter 2026.)

 

NAT GAS_ NGJ26

Weekly – In the January 2025 uptrend. Trade pressures are in the neutral zone.  Volumes are bullish.

Daily – Flat, Breaks down below the median line. Trade pressures are in the neutral zone.  Volumes remain bullish.

The next target down is 2.80 2.98. The expected oversold level rises to 2.82.

A close above 3.19 would signal higher.  The expected overbought level rises to 3.44.

[OB/OS channel is rising.]

[3-17-26: Long at 3.08. SL at 2.99.][PM: Raise the SL to 3.01]

[3-18-26: Stopped out at 3.01.]

 

#crudeoilfutures #naturalgasfutures

CRUDE_ CLJ26

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

Daily – Flat. Massive move up from 66 to 90 on the attack on Iran and the Straits of Hormuz. Trade pressures are up.  Volumes remain bullish.

Price is above the OB level; expect some pullback. The expected overbought levels rise to 86.11.

A close below 87.69 would signal lower. The expected oversold level rises to 70.22.

[OB/OS channel is rising.] OVX (oil volatility) is 103; very high. No trade.

(One of the larger components measuring inflation; and the Hedgeye inflation nowcast expects lower inflation in the 2nd quarter 2026. With this move up the inflation forecasts will have to be adjusted.)

 

NAT GAS_ NGJ26

Weekly – In the new January 2025 uptrend, pulling back below the trendline. Trade pressures are in the neutral zone.  Volumes are bullish.

Daily – Flat, Breaks up and out of the bull flag. Trade pressures are up.  Volumes are now bullish.

The next target up is 3.37.  The expected overbought level declines to 3.20.

The next target down is 2.78. The expected oversold level rises to 2.73.

[OB/OS channel is narrowing.] lower volatility coming, early trend?

[3-6-26: tight stops for any long long trades at 3.11.]

CRUDE_ CLJ26

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

Daily – Flat. Still in the move up from 62.99 on 2/18. Near the top of the range. Trade pressures are down but rising.  Volumes remain bullish.

A pullback below 64.00 toward the OS level would allow a new long entry. The expected overbought levels rise to 68.12.

A close below 65.40 would signal lower. The expected oversold level rises to 63.71.

[OB/OS channel is rising.]

(One of the larger components measuring inflation; and the Hedgeye inflation nowcast expects lower inflation in the 2nd quarter 2026.)

[2-27-26: Near the OB level. Still waiting for pull back below 64.]

 

NAT GAS_ NGJ26

Weekly – In the new January 2025 uptrend, pulling back below the trendline. Trade pressures are down.  Volumes remain neutral and declining.

Daily – Flat, Price continues lower, forming a bull flag. Trade pressures are down.  Volumes are now neutral.

The next target down is 2.78. The expected oversold level declines to 2.71.

A close above 2.91 would signal higher. The expected overbought level declines to 3.21.

[OB/OS channel is declining.]

[2-21-26: tight stops for any long long trades at 2.91.] OVX is at 64.60.

CRUDE_ CLJ26

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

Daily – Flat. In the move up from 62.99 on 2/18. Trade pressures are up.  Volumes are bullish.

A pullback below 62.00 toward the OS level would allow a new long entry. The expected overbought levels rise to 66.98.

A close below 65.50 would signal lower. The expected oversold level rises to 62.75.

[OB/OS channel is rising.]

(One of the larger components measuring inflation; and the Hedgeye inflation nowcast expects lower inflation in the 2nd quarter 2026.)

[2-21-26: At the OB level. Wait for pull back below 64.]

 

NAT GAS_ NGJ26

Weekly – In the new January 2025 uptrend, pulling back to trendline. Trade pressures are in the neutral zone.  Volumes remain neutral and declining.

Daily – Flat, Price breaks down out of the second bear flag and now forming a lower bull flag. Trade pressures are down but rising.  Volumes remain bearish.

The next target down is 2.90. The expected oversold level declines to 2.78.

A close above 3.06 would signal higher. The expected overbought level declines to 3.40.

[OB/OS channel is declining.]

[2-21-26: tight stops for any long long trades at 3.03.]

#crudeoilfutures #naturalgasfutures

CRUDE_ CLH26

Weekly – In the new January 2026 uptrend. Trade pressures remain up. Volumes are now  bearish.

Daily – Flat. In a downtrend. Trade pressures are down into the neutral zone.  Volumes are neutral.

A pullback below 62.00 toward the OS level would allow a new long entry. The expected overbought levels decline to 65.62.

A close below the 200 day MA at 60.80 would signal lower. The expected oversold level rises to 61.73.

[OB/OS channel is narrowing.]

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

[2-18-26: Rallies to 65 and at OB resistance. Wait for pull back below 63.]

 

NAT GAS_ NGH26

Weekly – In the new January 2025 uptrend, pulling back back from the aggressive move up. Trade pressures are up, but declining.  Volumes remain neutral.

Daily – Flat, Sold off hard, now rising to form a second bear flag, and finding support at the median line. Trade pressures are up.  Volumes remain bearish.

A close below 3.07 would signal lower. The expected oversold level declines to 2.88.

A close above 3.30 would signal higher. The expected overbought level declines to 3.57.

[OB/OS channel is declining.]