Oil & Gas

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CRUDE_ CLQ25

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

Daily –Flat. Attempted a rally but failed and was constrained by the rising trend line support.  Trade pressures are down.  Volumes are now neutral.

In the move up from 67.50. The next target up is 69.19. The expected overbought levels decline to 69.90.

A close below 66.94 wuold signal lower. The expected oversold level declines to 64.61.

 

NAT GAS_ NGQ25

Weekly – In the new July 2025 downtrend. Trade pressures are down.  Volumes are now bearish.

Daily – Flat.  In a new move up from 3.25 on 7-10. Trade pressures are rising to the neutral zone.  Volumes are neutral.

Buy the dip toward the OS. The next target up is 3.91. The expected overbought level declines to 3.57.

A close below 3.21 would signal lower. The expected oversold level declines to 3.14.