Oil & Gas

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CRUDE_ CLU25

Weekly – In the June 2025 uptrend, traded lower, but now rising. Trade pressures remain in the neutral zone. Volumes are now bullish.

Daily –Short, In the move down from the 69.54 break down on 7/31.  Trade pressures are down.  Volumes are now bearish.

The next target down is 64.01. The expected oversold level declines to 65.19.

A close above 68.42 65.49 would signal higher. The expected overbought levels decline to 69.36.

[8-2-25: Set the SL at 68.42.]

[8-4-25: Lower the SL to 67.62.]

[8-5-25: Lower the SL to 66.78. Take profits at 64.07.]

[8-6-25: Rallies to just short of SL, then drops again to the profit target of 64.07. Profit stop met.]

 

NAT GAS_ NGU25

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

Daily – Flat.  in the move down from 3.49 on 7/21. Trade pressures are down but rising.  Volumes are bearish.

The next target down is 2.31. The expected oversold level rises to 2.90.

A close above 3.18 would signal higher. The expected overbought level rises to 3.30.