Oil & Gas

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CRUDE_ CLV25

Weekly – In the June 2025 uptrend, but declining. Trade pressures are up into the neutral zone. Volumes are neutral.

Daily –Flat, Back above the 200 Day MA at 63.66, remain near OB.  Trade pressures are up.  Volumes remain bullish.

The next target up is 67.04. The expected overbought levels rise to 65.32.

A close below 63.02 would signal lower. The expected oversold level declines to 61.85.

 

NAT GAS_ NGV25

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

Daily – Flat.  A new uptrend from 2.90 on 8/28. Trade pressures are up.  Volumes are now bullish.

The next target down remains at 2.57. The expected oversold level declines to 2.64.

A close above 2.86 would signal higher. The expected overbought level declines to 3.02.
( again, no upside follow thru likely with the OB/OS channel pointing down.)