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CRUDE_ CLN25

Weekly – In the April 2025 downtrend. Trade pressures are up. Volumes remain neutral.

Daily –Long. In the move up from the 61.31 entry on 5/23.  Trade pressures remain down.  Volumes are neutral.

The next target up is 62.60.  The expected overbought levels rises to 63.88.

A close below 60.27 would signal lower. The expected oversold level rises to 60.04.

[Set the SL at 61.08.]

[5-27-25: Stopped out at the 61.08. A close above 62.03 would signal a long re-entry. Then, SL to be set at 61.29.]

 

NAT GAS_ NGN25

Weekly – Still in the January 2025 uptrend. Trade pressures are up into the neutral zone.  Volumes are bearish.

Daily – Flat.  In a move down to the 200 day MA. Trade pressures are up, but declining.  Volumes are bearish.

The next target down is 3.17. The expected oversold level declines to 3.03.

A close above 3.81 would signal higher. The expected overbought level declines to 3.72.