#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.]