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CRUDE_ CLN25

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

Daily –Long. Grinding higher from 61.77.  Trade pressures are up.  Volumes are bullish.

The next target up is 65.05. The expected overbought levels rise to 64.02.

A close below 63.25 would signal lower. The expected oversold level rises to 60.48.

[6-7-25: OB. Raise the SL to 63.52]

 

NAT GAS_ NGN25

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

Daily – Flat.  Rallied off the reversal of the short on 6/2 from 3.55.  Trade pressures are up.  Volumes are bullish.

The next target up is 4.14. The expected overbought level rises to 3.91.

A close below 3.71 would signal lower. The expected oversold level rises to 3.25.