#crudeoilfutures #naturalgasfutures
CRUDE_ CLV25
Weekly – In the June 2025 uptrend, but declining. Trade pressures are down. Volumes remain bearish.
Daily –Flat, Back above the 200 Day MA at 63.66, but near OB. Trade pressures are up. Volumes are now bullish.
The next target up is 67.04. The expected overbought levels decline to 64.74.
A close below 62.99 would signal lower. The expected oversold level declines to 61.68.
NAT GAS_ NGV25
Weekly – In the new July 2025 downtrend. Trade pressures remain down. Volumes remain bearish.
Daily – Flat. Continues down from 3.41 on 7/21. Trade pressures are down, but rising. Volumes are back to bearish.
The next target down remains at 2.57. The expected oversold level declines to 2.68.
A close above 2.86 would signal higher. The expected overbought level declines to 3.06. ( again, no upside follow thru likely with the OB/OS channel pointing down.)