#crudeoilfutures #naturalgasfutures
CRUDE_ CLZ25
Weekly – In the June 2025 uptrend, testing support. Trade pressures are down. Volumes remain bearish.
Daily –Flat. Trade pressures are down, but at support. Volumes remain bearish.
At the lower parallel support. the next target down is 54.94. The expected oversold level declines to 56.16.
A close above 57.70 would signal higher. The expected overbought levels decline to 61.31.
[OB/OS channel is declining.]
[10-21-25: Long from 57.70. SL at 60.04.]
NAT GAS_ NGX25
Weekly – In the July 2025 downtrend. Trade pressures are just up. Volumes remain bearish.
Daily – Flat, No Trade. In a retracement move up from 2.98 on 10/17. Trade pressures are down. Volumes remain bearish.
The next target up is 3.14. The expected overbought level declines to 3.17.
A close below 2.93 would signal lower. The expected oversold level declines to 2.80.
[OB/OS channel is now declining]