Market Forecasts and Insights
Kase Market Commentary
Samples of Kase’s energy and metals price forecasts, daily updates, market commentary, and educational perspectives on technical analysis and trading — published by Dean Rogers, CMT.
Market Forecasts and Insights
Samples of Kase’s energy and metals price forecasts, daily updates, market commentary, and educational perspectives on technical analysis and trading — published by Dean Rogers, CMT.
By Dean Rogers Last week, speculation that a possible meeting next month between Russia and OPEC to discuss production cuts fueled WTI’s price rise. This would be the type of transition that needs to take place for oil prices to recover over the course of the long-term. However, many are skeptical, and some reports indicate … Continue reading Crude Oil Forecast: WTI Approaches Crucial Support at $31.1
By Dean Rogers WTI’s rally from $27.56 late last week was sparked by a few positive technical factors such as a daily bullish engulfing line and momentum divergence. These are factors that would normally accompany a major turn. The move up was a bit over exuberant though, and has stalled at $32.74. Major support at … Continue reading Crude Oil Forecast: WTI’s Relief Rally Might Be Short Lived
By Dean Rogers S&P 500 Index (SPX) It has been a rough start for investors and the stock market so far this year. Falling oil prices and a weak economic outlook for China have soured the outlook for global markets and have indices across the world testing major support. The technical outlook for the S&P … Continue reading Kase Forecasts of the Week – S&P 500 Index and 10-Year T-Note Futures
By Dean Rogers Natural gas fell back into the trading range between $2.23 and $2.39 where it spent the first week of the new year. This comes after the failure to extend to the 0.618 projection of the wave $1.802 – 2.386 – 2.188. There is still an outside chance the move up will extend … Continue reading Natural Gas Forecast: Prices Retreat into Familiar Territory
By Dean Rogers China’s stock market plunge wreaked havoc on stock and commodity prices around the world last week. Fears of a further slowing economy in the world’s largest energy consumer along with weak manufacturing demand and the deepening global supply glut have recast a negative outlook on oil prices. The negative sentiment has been … Continue reading Crude Oil Forecast: WTI Poised to Challenge Key Technical Support
S&P 500 Index (SPX) By Dean Rogers The slowing Chinese economy, lackluster manufacturing data, and a weaker yuan have sent Chinese stocks tumbling in the first week of 2016. China’s stock market has been halted twice this week when volatility limits were reached and is down seven percent over the last few days. The selloff … Continue reading Kase Forecast of the Week – S&P 500 Index
By Dean Rogers There is little doubt that the lack of demand for natural gas as a heating fuel this winter is taking its toll on prices. The market still looks and feels desperate to push higher, but fundamental and technical factors are working against this scenario. There is an outside chance prices could rally … Continue reading Natural Gas Forecast: Prices Oscillating in Narrowing Range
By Dean Rogers Tension between Saudi Arabia and Iran have the oil markets on edge. The global supply glut still hangs heavy and will reportedly last through 2016. However, recent the geopolitical tensions could push prices higher on fear and greed alone. The indecisiveness is being reflected on the charts. WTI’s recent move up from … Continue reading Crude Oil Forecast: WTI Stalls After Breaking Higher Out of Bullish Flag
By Dean Rogers Evolving weather models that had previously predicted a cold spell in the Northeast U.S. and in the Great Lakes region are reportedly now forecasting above normal temperatures in early January. This could dampen the likelihood of a further price rally for natural gas in coming weeks, and the charts tend to agree. … Continue reading Natural Gas Forecast: Will Warm Weather Put a Lid on the Rally?
Walt Disney Co. (DIS) By Dean Rogers “Well, the Force is what gives a Jedi his power. It’s an energy field created by all living things. It surrounds us and penetrates us; it binds the galaxy together.” You may think that I am referring to the legendary words spoken by Obi-Wan Kenobi to Luke Skywalker … Continue reading Kase Stock Forecast of the Week – DIS