Natural Gas Forecast: Outlook Remains Grim
By Dean Rogers The outlook for natural gas is still bearish, and without support from weather or a strong increase in industrial demand, it will most likely remain that way. However, there are a few positive technical setups that indicate a small correction to $1.90 and even $1.959 might take place first. Monday’s gap down … Continue reading Natural Gas Forecast: Outlook Remains Grim
Crude Oil Forecast: Bullish Piercing Pattern is Early Sign of WTI Correction
By Dean Rogers The darkest hour is just before the dawn. It is a phrase that most are familiar with that provides hope, even in the worst of circumstances. The outlook for WTI crude oil prices has been “dark” in recent weeks, and the longer-term outlook is still dim. However, December 14’s close over $36.13 … Continue reading Crude Oil Forecast: Bullish Piercing Pattern is Early Sign of WTI Correction
Natural Gas Forecast: January Poised to Test $2.10
By Dean Rogers Natural gas is still looking for support from weather, but until cold temperatures arrive in key areas of the U.S. prices should continue to grind lower. The negative bias is confirmed by KaseX’s filtered short signal (purple diamonds). January futures met an important target at $2.15 on Wednesday. This was the 0.618 … Continue reading Natural Gas Forecast: January Poised to Test $2.10
Gasoline Forecast: Futures Confirm Negative Technical Patterns
By Dean Rogers For the past few weeks gasoline futures rose in a dramatic fashion and lent some support to underlying WTI and Brent futures prices. However, a few bearish technical factors indicate the move up is probably complete and that a major test of support is now underway. January gasoline futures stalled at the … Continue reading Gasoline Forecast: Futures Confirm Negative Technical Patterns
Natural Gas Forecast: January Settling into a Familiar Trading Range
By Dean Rogers Natural gas’s upward correction has been held at bay as the market seeks frigid temperatures to support a move higher. January is settling into the familiar range between approximately $2.26 and $2.39 that December oscillated in before it finally broke lower. This is likely where prices will remain for the rest of … Continue reading Natural Gas Forecast: January Settling into a Familiar Trading Range
Today’s Leading Women – Episode 634: Learn Trading and Forecasting Techniques with Cynthia Kase
Kase’s president Cynthia A. Kase is featured in a podcast interview with Marie Grace Berg of Today’s Leading Women. Listen to Ms. Kase’s interview on iTunes and give it a rating, or click the link below to listen on the Today’s Leading Women website. Episode 634: Learn Trading and Forecasting Techniques with Cynthia Kase
Crude Oil Forecast: WTI Meets Major Support at $40.41
By Dean Rogers January WTI futures met crucial support at $40.41 early Monday. This was the 1.00 projection for the wave $52.02 – 43.52 – 49.23. The subsequent move up was initially promising for bulls, but stalled at $42.75 before it could overcome $43.2 resistance. It is a tight call tomorrow, but we expect a … Continue reading Crude Oil Forecast: WTI Meets Major Support at $40.41
Natural Gas Forecast: Still a Tight Call
By Dean Rogers As we stated last week, the natural gas call is extremely tight right now. The market can only tell us what it knows about itself, and right now the market is not sure what it knows. The move up from $2.188 stalled at $2.398 on November 6, and since then prices have … Continue reading Natural Gas Forecast: Still a Tight Call
Crude Oil Forecast: WTI’s Technical Factors Call for $43.2
By Dean Rogers WTI stalled near $48.0 as we expected in our weekly Crude Oil Commentary and the sustained close below $44.7 calls for a test of key support at $43.2. This is a confluence area that is near the 0.618 projection of the wave $51.42 – 42.58 – 48.36. A close below $43.2 would … Continue reading Crude Oil Forecast: WTI’s Technical Factors Call for $43.2
Is the “Baby’s” Sugar High Over?
By Cynthia Kase The market’s been watching the impact of El Niño since June. Then the National Oceanic and Atmospheric Administration said there was a 90 percent chance the baby would stick around all summer, and maybe even into 2016. Sugar has been rising since mid-August, as El Niño persisted, but turned choppy in October … Continue reading Is the “Baby’s” Sugar High Over?
