#crudeoilfutures #naturalgasfutures
CRUDE_ CLX25
Weekly – In the June 2025 uptrend, testing support. Trade pressures are down. Volumes are bearish.
Daily –Flat. Trade pressures are down. Volumes are bearish.
Crashes to 58.22 with trump china tariff. The expected oversold level rises to 60.06.
A close above 61.60 would signal higher. The expected overbought levels decline to 63.15.
[OB/OS channel is declining.]
[10-12-25: Sun nite session has small rally, but stops at the 59.78 trend line.]
NAT GAS_ NGX25
Weekly – In the new July 2025 downtrend. Trade pressures are just up. Volumes remain bearish.
Daily – Flat, no trade. In the move down from 3.48 on 10/2. Trade pressures are down. Volumes remain bearish.
The next target down is 3.07. The expected oversold level rises to 3.14.
A close above 3.20 would signal higher. The expected overbought level rises to 3.88.
[OB/OS channel now rising]