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Brent Crude Oil Approaches Crucial $52.8 Support

Posted on July 27, 2015 by Dean Rogers, CMT in Oil Price Forecast

By Dean Rogers Crude oil has taken on a strong bearish tone. There is very little technical evidence, and even less fundamental evidence, that the decline is going to end. However, it is almost always darkest before dawn and there are a few factors that show a correction should take place soon. Last week’s update … Continue reading Brent Crude Oil Approaches Crucial $52.8 Support

Midweek Natural Gas Forecast – July 22, 2015

Posted on July 22, 2015 by Dean Rogers, CMT in Natural Gas Price Forecast

Natural gas is idling in neutral again and is struggling to overcome key resistance levels. We are still negative for the longer-term, but the near term outlook is looking slightly positive. The small move up is confirmed by long KaseX signals (green diamonds) on the $0.035 Kase Bar chart. In addition, Wednesday’s close over $2.895, … Continue reading Midweek Natural Gas Forecast – July 22, 2015

Midweek Natural Gas Forecast – July 15, 2015

Posted on July 15, 2015 by Dean Rogers, CMT in Natural Gas Price Forecast

August natural gas is attempting to rally above $3.00 after stalling at $2.644 last Thursday. The surge over the last week may be a desperate attempt to push prices to targets above $3.00 before summer’s end, and is being driven by speculation of above normal temperatures through the end of this month and into August. … Continue reading Midweek Natural Gas Forecast – July 15, 2015

Ask Kase: Core Commodity CRB Index Positioned To Challenge 2015 Low

Posted on July 15, 2015 by Dean Rogers, CMT in Ask Kase

by Dean Rogers Read on TraderPlanet The recent Chinese stock market downturn and depressed economic outlook by many economists for the second quarter and through year’s end for China’s economy has commodity prices backpedaling. Many components of the Thomson Reuters Core Commodity CRB Index, and the Index itself, have either fallen to new lows or … Continue reading Ask Kase: Core Commodity CRB Index Positioned To Challenge 2015 Low