#crudeoilfutures #naturalgasfutures

CRUDE_ CLQ25

Weekly – In the June 2025 uptrend, but failed at the upper channel bound. Trade pressures are up, but declining. Volumes are neutral.

Daily –Flat. Consolidating at the 200 day MA.  Trade pressures are down into the neutral zone.  Volumes are now bearish.

The next target down is 63.51. The expected oversold level declines to 63.04.

A close above 66.63 would signal higher. The expected overbought levels decline to 74.77.

[7-3-25: Long from 67.25, SL @ 64.00.]

[7-7-25: Raise the Stop Loss to 65.62.]

[7-8-25: Raise the SL to 66.92.]

[7-10-25: Stopped out for a loss.]

 

NAT GAS_ NGQ25

Weekly – Still in the January 2025 uptrend, but at support. Trade pressures are up.  Volumes are now bullish.

Daily – Flat.  Stopped out of the short trade at 3.96. In a new move up from 3.57 on 6/27. Trade pressures are up but turning down.  Volumes are bearish.

Short covering. Wait for a pull back to enter any long. The next target up is 3.83. The expected overbought level declines to 3.97.

A close below 3.58 would signal lower. The expected oversold level declines to 3.31.