#crudeoilfutures #naturalgasfutures
CRUDE_ CLX25
Weekly – In the June 2025 uptrend, but sideways. Trade pressures are up slightly. Volumes are bearish.
Daily –Short, In the new move down from 63.16 on 9/18. Trade pressures are down. Volumes remain bearish.
The next target down is 61.58. The expected oversold level stays at 61.88.
A close above 63.45 would signal higher. The expected overbought levels rise to 64.87.
[ Set the SL at 62.96.]
NAT GAS_ NGV25
Weekly – In the new July 2025 downtrend. Trade pressures remain down. Volumes remain bearish.
Daily – Flat, no trade. In the move down from 3.06 on 9/18. Trade pressures are down. Volumes are now bearish.
The next target down is 2.77. The expected oversold level declines to 2.85.
A close above 2.93 would signal higher. The expected overbought level declines to 3.12.
— ( The OB/OS channel is now pointing down.)