#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ26

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

Daily – Flat. Continues the the move up above 92.67 on 10/13. Now at 103.27. Trade pressures are up.  Volumes are bullish.

The next target up is 111.21.  The expected overbought levels rise to 102.98.

A close below 95.53 would signal lower. The expected oversold level rises to 95.03.

[OB/OS channel is rising.]
OVX (oil volatility) rises to 60.

(One of the larger components in the measure of inflation.The Hedgeye.com inflation nowcast now expects inflation rising thru the year end. Rises in the GDP are also expected.(Stagflation/Quadrant 2).)

 

NAT GAS_ NGZ26

Weekly – In the August 2026 downtrend. Trade pressures are down.  Volumes remain bearish.

Daily – Flat, The move down thru trend at 3.52 on 10/19 accelerated the move down.  Trade pressures remain down.  Volumes remain bearish.

The next target down is 2.94. The expected oversold level declines to 2.60.

A close above 3.13 would signal higher. The expected overbought level declines to 3.12.

[OB/OS channel is declining.]

Natural gas is produced with oil production.
Natural gas production as a ratio of oil production has been rising and amounted to 47% of the Permian Basin oil production in 2024.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ26

Weekly – In the new September 2026 uptrend. Trade pressures remain up, but declining to support. Volumes remain bullish.

Daily – Flat. In the move up above 92.67 on 10/13.  Trade pressures are up.  Volumes are bullish.

The next target up is 100.60.  The expected overbought levels rise to 99.97.

A close below 95.53 would signal lower. The expected oversold level rises to 89.44.

[OB/OS channel is rising.]
OVX (oil volatility) rises to 51.

(One of the larger components in the measure of inflation.The Hedgeye.com inflation nowcast now expects inflation rising thru the year end. Rises in the GDP are also expected.(Stagflation/Quadrant 2).)

 

NAT GAS_ NGX26 ( rollover to DEC soon)

Weekly – In the August 2026 downtrend. Trade pressures are up.  Volumes are now bearish.

Daily – Flat, The breakout to the upside at 3.20 reaching 3.32 and then falling to 3.06. Trade pressures are down.  Volumes are bearish.

The next targtet down is 2.99. The expected oversold level declines to 3.03.

A close above 3.16 would signal higher. The expected overbought level rises to 3.35.

[OB/OS channel is widening.]

Natural gas is produced with oil production. Natural gas production as a ratio of oil production has been rising and amounted to 47% of the Permian Basin oil production in 2024.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLX26

Weekly – In the new September 2026 uptrend. Trade pressures remain up, but declining to support. Volumes are bullish.

Daily – Flat. In the move down from 91.56 on 9/21.  Trade pressures are up.  Volumes remain bearish.

The next target down remains 83.92. The expected oversold level rises to 87.14.

A close above 92.67 would signal higher. The expected overbought levels decline to 93.03.

[OB/OS channel is narrowing.]
OVX (oil volatility) declines to 49.

(One of the larger components in the measure of inflation.The Hedgeye.com inflation nowcast now expects inflation rising thru the year end. Rises in the GDP are also expected.(Stagflation).)

 

NAT GAS_ NGX26

Weekly – In the August 2026 downtrend. Trade pressures are in the neutral zone.  Volumes are now bullish.

Daily – Flat, The breakout to the upside was succeessful, at 3.20. Trade pressures are up.  Volumes are bullish.

The next target up is 3.29 . The expected overbought level declines to 2.95.

A close below 2.93 would signal lower.  The expected oversold level rises to 3.29.

[OB/OS channel is widening.]

Natural gas is produced with oil production. Natural gas production as a ratio of oil production has been rising and amounted to 47% of the Permian Basin oil production in 2024.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLX26

Weekly – In the new September 2026 uptrend. Trade pressures remain up, but declining. Volumes remain neutral.

Daily – Flat. In the move down from 91.56 on 9/21.  Trade pressures are up into the neutral zone.  Volumes remain bearish.

The next target down is 83.92. The expected oversold level declines to 87.12.

A close above 94.84 would signal higher. The expected overbought levels decline to 94.99.

[OB/OS channel is declining.]
OVX (oil volatility) declines to 51.

(One of the larger components in the measure of inflation.The Hedgeye.com inflation nowcast now expects inflation rising thru the year end. Rises in the GDP are also expected.(Stagflation).)

 

NAT GAS_ NGX26

Weekly – In the August 2026 downtrend. Trade pressures are declining.  Volumes are now bearish.

Daily – Flat, The breakout to the upside failed but now attempting again from a lower level. Trade pressures are down, but turning up.  Volumes are bearish.

A close above 3.04 would signal higher. The expected overbought level declines to 3.07.

A close below 2.93 would signal lower.  The expected oversold level declines to 2.80.

[OB/OS channel is declining.]

Natural gas is produced with oil production. Natural gas production as a ratio of oil production has been rising and amounted to 47% of the Permian Basin oil production in 2024.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLX26

Weekly – In the new September 2026 up trend. Trade pressures remain up. Volumes are now neutral.

Daily – Flat. In a new move down from 91.56 on 9/21.  Trade pressures are up.  Volumes are bearish.

A close below 91.56 would signal lower. The expected oversold level declines to 87.96.

A close above 99.73 woiuld signal higher. The expected overbought levels decline to 107.94.

[OB/OS channel is declining.]
OVX (oil volatility) rises to 55.

(One of the larger components in the measure of inflation.The Hedgeye.com inflation nowcast now expects inflation rising, slowly, thru the year end. Rises in the GDP are also expected.(Stagflation).)

 

NAT GAS_ NGX26

Weekly – In the August 2026 downtrend, but testing the resisitance at 3.47. Trade pressures are up.  Volumes are now bullish.

Daily – Flat, Breaks out to the upside. Trade pressures are up.  Volumes are again neutral.

The next target up is 3.54. The expected overbought level rises to 3.33.

A close below 3.13 would signal lower.  The expected oversold level rises to 2.89.

[OB/OS channel is rising.]

Natural gas is produced with oil production. Natural gas production as a ratio of oil production has been rising; amounted to 47% of the Permian Basin oil production in 2024.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLX26

Weekly – In the new September 2026 up trend. Trade pressures remain up. Volumes remain bullish.

Daily – Flat. New highs but the contract rollover to November has affected the move up. Trade pressures are up, but turning down.  Volumes are remain neutral.

The next target up is 102.07. The expected overbought levels rise to 107.99.

A close below 91.56 would signal lower. The expected oversold level rises to 93.09.

[OB/OS channel is rising.]
OVX (oil volatility) declines to 50.

(One of the larger components in the measure of inflation.The Hedgeye.com inflation nowcast now expects inflation rising, slowly, thru the year end. Rises in the GDP are also expected.(Stagflation).)

 

NAT GAS_ NGV26

Weekly – In the August 2026 downtrend. Trade pressures are up.  Volumes remain neutral.

Daily – Flat, Moving up with lower highs; finding resistance at the upper median line parallel. Trade pressures are down.  Volumes are now neutral.

The next target up is 2.93. The expected overbought level declines to 2.92.

A close below 2.84 would signal lower.  The expected oversold level declines to 2.70.

[OB/OS channel is declining.]

Natural gas is produced with oil production. Natural gas production as a ratio of oil production has been rising; amounted to 47% of the Permian Basin oil production in 2024.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLV26

Weekly – In the new September 2026 up trend. Trade pressures remain up. Volumes remain bullish.

Daily – Flat. ripped thru the 92 target to a new high off 104.16 on 9/11.. Trade pressures are up.  Volumes are now neutral.

The next target up is 107.19. The expected overbought levels rise to 102.99.

A close below 88.87 would signal lower. The expected oversold level rises to 88.57.

[OB/OS channel is rising.]
OVX (oil volatility) rises to 59.

(One of the larger components in the measure of inflation.The Hedgeye.com inflation nowcast now expects inflation rising, slowly, thru the year end. Rises in the GDP are also expected.)

 

NAT GAS_ NGV26

Weekly – In the August 2026 downtrend. Trade pressures are up.  Volumes are now neutral.

Daily – Flat, Basing with a likely long entry at 2.84. Trade pressures are up.  Volumes are bullish.

The next target up is 2.93. The expected overbought level declines to 2.99.

A close below 2.77 would signal lower.  The expected oversold level declines to 2.71.

[OB/OS channel is declining.]

Natural gas is produced with oil production. Natural gas production as a ratio of oil production has been rising; amounted to 47% of the Permian Basin oil production in 2024.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLV26

Weekly – In the new June 2026 down trend and at resistance. Trade pressures remain up. Volumes remain bullish.

Daily – Flat. In the pullback after the 93.14 high pivot on 9/3. Trade pressures are up.  Volumes remain bullish.

The next target up is 92.60. The expected overbought levels rise to 94.63.

A close below 88.87 would signal lower. The expected oversold level rises to 84.74.

[OB/OS channel is rising.]
OVX (oil volatility) rises to 45.

(One of the larger components in the measure of inflation.The Hedgeye.com inflation nowcast now expects inflation rising, slowly, thru the year end.)

 

NAT GAS_ NGV26

Weekly – In the August 2026 downtrend. Trade pressures are up.  Volumes are now bullish.

Daily – Flat, Rallying to retest the breakdown from 2.97 on 9/3. Trade pressures are up.  Volumes are bullish.

The next target up is 3.05. The expected overbought level rises to 3.05.

A close below 2.88 would signal lower.  The expected oversold level rises to 2.82.

[OB/OS channel is rising.]

Natural gas is produced with oil production. Natural gas production as a ratio of oil production has been rising, amounting to 47% of the Permian Basin oil production in 2024.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLV26

Weekly – In the new June 2026 down trend. Trade pressures are up. Volumes remain bullish.

Daily – Flat. In the move up from 82.29 on 8/17, but correcting to 79.37 support. Trade pressures are up.  Volumes are neutral.

The next target up is 86.72. The expected overbought levels decline to 87.91.

A close below 88.87 would signal lower. The expected oversold level declines to 81.01.

[OB/OS channel is declining.]
OVX (oil volatility) declines to 43.

(One of the larger components in the measure of inflation.The Hedgeye.com inflation nowcast now expects inflation rising, slowly, thru the year end.)

 

NAT GAS_ NGV26

Weekly – In the August 2026 downtrend. Trade pressures are down, but rising.  Volumes remain bearish.

Daily – Flat, In the move up from 2.74 on 8/18, finding resistance at 2.93 . Trade pressures are up.  Volumes are bearish.

The next target up 2.98. The expected overbought level rises to 2.95.

A close below 2.75 would signal lower.  The expected oversold level rises to 2.71.

[OB/OS channel is rising.]

Natural gas is produced with oil production. Natural gas production as a ratio of oil production has been rising, amounting to 47% of the Permian Basin oil production in 2024.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLV26

Weekly – In the new June 2026 down trend. Trade pressures are up. Volumes remain bullish.

Daily – Flat. In the move up from 82.29 on 8/17. Trade pressures are up.  Volumes remain bullish.

The next target up is 91.30. The expected overbought levels rise to 87.92.

A close below 83.81 would signal lower. The expected oversold level rises to 81.25.

[OB/OS channel is rising.]
OVX (oil volatility) holds at 49.

(One of the larger components in the measure of inflation.The Hedgeye.com inflation nowcast now expects inflation rising, slowly, thru the year end.)

 

NAT GAS_ NGU26

Weekly – In the August 2026 downtrend. Trade pressures are down, but rising.  Volumes remain bearish.

Daily – Flat, In the move up from 2.74 on 8/18, finding resisitance at 2.79 . Trade pressures are down.  Volumes are neutral.

The next target up remains 2.89. The expected overbought level rises to 2.91.

A close below 2.74 would signal lower.  The expected oversold level rises to 2.62.

[OB/OS channel is rising.]

Natural gas is produced with oil production. Natural gas production as a ratio of oil production has been rising, amounting to 47% of the Permian Basin oil production in 2024.