Oil & Gas

#crudeoilfutures #naturalgasfutures

CRUDE_ CLF26

Weekly – In the June 2025 uptrend, on support. Trade pressures remain down. Volumes remain bearish.

Daily –Flat. In the pull back to 58.48, forming a bull flag with a series of lower highs from 10/24. Trade pressures are now up.  Volumes remain bearish.

The next target down is 57.76.  The expected oversold level declines to 57.03.

A close above 59.51 would signal higher. The expected overbought levels decline to 59.73.

[OB/OS channel is declining.]

[12-3-25: Set Buy Stop into crude at 59.57.]

[12-4-25: Long from 59.57. Set SL at 58.85.]

 

NAT GAS_ NGF26

Weekly – In the new November 2025 uptrend. Trade pressures are up.  Volumes remain bullish.

Daily – Flat, In a third leg up from 4.61 on 11/19. Trade pressures are up.  Volumes are neutral.

The next target up is 4.90. The expected overbought level rises to 4.79.

A close below 4.63 would signal lower. The expected oversold level rises to 4.24.

[OB/OS channel is rising.]

[the 11/19 trade would have been stopped out. A re-entry long was signaled on 11/26 at 4.55., but in light trading. Too much volatility.]