#crudeoilfutures #naturalgasfutures

CRUDE_ CLN25

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

Daily –Long. Sunday nite trading trades thru the 61.77 long entry.  Trade pressures are up.  Volumes are neutral.

The next taarget up is 65.05. The expected overbought levels declines to 62.82.

A close below 59.97 would signal lower. The expected oversold level rises to 60.48.

[6-1-25: Sun nite session. Set the SL at 60.50.]

[6-2-25: Raise the SL to 61.88.]

 

NAT GAS_ NGN25

Weekly – Still in the January 2025 uptrend. Trade pressures are down to the lower range of the neutral zone.  Volumes are neutral.

Daily – Short.  In a move down form 3.70 on 5/28. Trade pressures down.  Volumes are bearish.

The next target down is 3.17. The expected oversold level rises to 3.11.

A close above 3.56 would signal higher. The expected overbought level rises to 3.76.

[Set the SL at the 200 day MA, 3.55.]

[6-2-25: 3.55 SL triggered.]