EMD088 - Technicals: Year-End Positioning

30/12/2025 2 min
EMD088 - Technicals: Year-End Positioning

Listen "EMD088 - Technicals: Year-End Positioning"

Episode Synopsis


Welcome to Energy Markets Daily.

Tuesday, December 30, 2025 — Technicals.

Year-end positioning. Let's look at the charts.

**CRUDE OIL**

WTI at $57.15, down 0.17% from yesterday. Brent at $60.85, down slightly.

Both in consolidation mode heading into year-end.

**WTI TECHNICALS**

Trading in a narrow range between $55 and $59. The $55 level is critical support — we tested it earlier this month at $55.28 and bounced.

Below $55, next support at $52, then $50. Resistance at $59.50, then $62.

The 50-day moving average sits above current price, confirming the bearish trend. RSI neutral around 45-50 — neither overbought nor oversold.

**BRENT TECHNICALS**

Similar picture. Support at $59-60 — we broke below briefly this month. Next support at $56.50.

Resistance at $62.30, then $65. The trend is clearly down — lower highs, lower lows since mid-year.

**VOLUME**

Thin holiday trading. Don't read too much into small moves. Position squaring before year-end can create noise.

**NATURAL GAS**

$3.98, down slightly. Consolidating after the December volatility.

Support at $3.50-$3.60. Resistance at $4.20-$4.30.

Weather remains the short-term driver. LNG exports structurally supportive. January 2026 implied near $4.60.

Storage down 166 Bcf for week ending December 19.

**YEAR-END POSITIONING**

Many traders closing books. New positions likely to wait until January.

Watch for potential volatility around the New Year transition as new capital enters.

**THE BOTTOM LINE**

Crude in a holding pattern. $55 WTI is the line in the sand. A break below opens the door to $50.

Natural gas consolidating but structural support from LNG demand and winter weather remains.

**FINAL WORD**

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Reach out: [email protected]. Subject: Energy Capital.

This is Energy Markets Daily. Wednesday: Markets closed for New Year's Day. Thursday: Macro Context.