#crudeoilfutures #naturalgasfutures

CRUDE_ CLV25

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

Daily –Short, In the second leg down from 66.29 on 8/4.  Trade pressures are down, but rising.  Volumes are now neutral.

The next target down is 60.79. The expected oversold level declines to 661.80.

A close above 63.40 would signal higher. The expected overbought levels decline to 66.25.

 

NAT GAS_ NGU25 [rolls to “V” soon]

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

Daily – Flat.  Continues the move down from 3.41 on 7/21. Trade pressures are down, but rising.  Volumes are now neutral.

The next target down is 2.57. The expected oversold level declines to 2.71.

A close above 3.02 would signal higher. The expected overbought level declines to 3.12. ( so, no upside follow thru likely.)