#crudeoilfutures #naturalgasfutures

CRUDE_ CLQ25

Weekly – In the new June 2025 uptrend. Trade pressures are up. Volumes are neutral.

Daily –Flat. Consolidating after the spike to 76.00.  Trade pressures are up.  Volumes are now neutral.

The spike rises to the OB level. The expected overbought levels rise to 77.81.

A close below 71.94 would signal lower. The expected oversold level rises to 66.14.

[6-23-25: New short at the 71.94 entry. Falls to the 200 day MA at 65.14, below the OS level. Take profits at the close.]

 

NAT GAS_ NGQ25

Weekly – Still in the January 2025 uptrend. Trade pressures are up.  Volumes are now neutral.

Daily – Short.  In the move down from the 4.05 short entry price on 6/20.  Trade pressures are up but turning down.  Volumes are bearish.

The next target down is 3.78. The expected oversold level rises to 3.54.

A close above 3.98 would signal higher. The expected overbought level rises to 4.16.

[Set the SL at 3.98.]

[6-23-25: Stopped out at the 3.98 SL on the open, which was the high for the day.]