#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.]