Why Is The US Dollar In The Doldrums?
Read on TraderPlanet.com By Cynthia A. Kase On Tuesday pundits were aflutter because the US Dollar had an up day, pointing to expectations that the Fed would soon clarify its intentions to raise rates. Technically, Tuesday was a “star” with a very small range, an inside bar which closed well below Monday’s open. It was … Continue reading Why Is The US Dollar In The Doldrums?
Brent Crude Oil Approaches Crucial $52.8 Support
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
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
Ask Kase: Is It Time To Go For The Gold?
Read on TraderPlaner.com by Cynthia Kase With the first increases in interest rates in over nine years looming, and the dollar strong, and gold supplies reportedly healthy, especially in China, gold is looking especially weak. After a strong decline on Monday, it bounced a bit on Tuesday, so, is it time to “go for the gold”. … Continue reading Ask Kase: Is It Time To Go For The Gold?
WTI Crude Oil Unfolding as Five-Wave Trend
Prompt month WTI crude oil futures briefly fell below $50.0 on Monday and settled at the lowest level since April 2. The deal with Iran has led to fresh concerns about the global supply glut and most technical factors are negative. RBOB gasoline is lending some support, but on balance, the decline is poised to … Continue reading WTI Crude Oil Unfolding as Five-Wave Trend
Midweek Natural Gas Forecast – July 15, 2015
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
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
Bearish Flag Points to WTI Crude Oil Decline
Perfect geometric formations are a rare commodity. They are useful gems of information that can tell us a lot about a market’s outlook and general direction. It is important to pay attention to the implications of a successful break out of the pattern, and it is even more important to watch for patterns that fail. … Continue reading Bearish Flag Points to WTI Crude Oil Decline
Ask Kase: Is It Time to Hedge Hogs?
by Cynthia A. Kase Read on TraderPlanet.com After last year’s viral outbreak that killed millions of hogs, pork production, now having recovered, looks to set records and overshoot demand. Apparently some commodity advisors are panicking and recommending that their producer clients use lean hog futures to hedge and avoid even lower prices. Is this a … Continue reading Ask Kase: Is It Time to Hedge Hogs?
Midweek Natural Gas Forecast – July 8, 2015
After the 4th of July weekend the energy markets, unlike the weather across most of the U.S., heated up. The lack of warm summer weather in key areas of the county has given way to lower prices for natural gas. August natural gas futures finally closed below $2.73 on Tuesday and Wednesday. The move has … Continue reading Midweek Natural Gas Forecast – July 8, 2015

