#crudeoilfutures #naturalgasfutures

CRUDE_ CLK26

Weekly – In the January 2026 uptrend. Trade pressures remain up. Volumes remain neutral.

Daily – Flat. The prior uptrend crashed to 84, now moving higher . Trade pressures are up.  Volumes are now bullish.

The next target up is 106.18. The expected overbought levels rise to 101.33.

A close below 95.11 would signal lower. The expected oversold level rises to 87.52.

[OB/OS channel is rising.]
OVX (oil volatility) rises to 96; very high risk.   No trade.

(One of the larger components measuring inflation. The Hedgeye inflation nowcast now expects higher inflation in the 2nd quarter 2026.)

 

NAT GAS_ NGK26

Weekly – In the January 2025 uptrend. Trade pressures are down into the neutral zone.  Volumes remain neutral.

Daily – Flat, Rising in a sideways channel between 2.80 and 3.30. Trade pressures are up.  Volumes remain bearish.

In the move up from 2.95. The next target up is 3.17.  The expected overbought level declines to 3.20.

A close below 3.00 would signal lower. The expected oversold level declines to 2.83.

[OB/OS channel is declining.]

[3-27-26: Watch for rising volumes.]

[3-29-26: Sunday evening open down hard. Missed the 3.00 short entry.]