#crudeoilfutures #naturalgasfutures

CRUDE_ CLX25

Weekly – In the June 2025 uptrend, still sideways. Trade pressures are down. Volumes are bearish.

Daily –Flat. Trade pressures are down.  Volumes are bearish.

Stopped out of the move down from 64.52 on 10/2. The expected oversold level decline to 60.01.

A close above 61.60 would signal higher. The expected overbought levels decline to 63.61.

[OB/OS channel is declining, be careful with any long entry.]

 

NAT GAS_ NGX25

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

Daily – Flat, no trade. In the move down from 3.48 on 10/2. Trade pressures are down.  Volumes remain bearish.

The next target down is 3.18. The expected oversold level rises to 2.99.

A close above 3.41 would signal higher. The expected overbought level rises to 3.59.

[OB/OS channel now rising]