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Natural Gas Forecast: Bearish Flag Calls for Continued Decline

Posted on August 26, 2015 by Dean Rogers, CMT in Natural Gas Price Forecast

By Dean Rogers Natural gas continues to hold the lower end of the trading range between $2.65 and $2.95 on a closing basis. October natural gas futures stalled at $2.641 and subsequently formed a bearish flag (blue trend lines). Flags are generally a reliable type of continuation pattern, which means the flag should break lower … Continue reading Natural Gas Forecast: Bearish Flag Calls for Continued Decline

Update: Shanghai Composite Index Poised for 2300

Posted on August 25, 2015 by Dean Rogers, CMT in Technical Analysis

By Dean Rogers Technical analysis provides traders and market analysts with extremely valuable tools that can help determine future support and resistance and major turning points. A good example of this came from our recent article Ask Kase: How to Trade the Shanghai Index that was published on June 9, 2015 by Cynthia A. Kase, … Continue reading Update: Shanghai Composite Index Poised for 2300

WTI Crude Oil Forecast: Testing Major Support at $37.9

Posted on August 24, 2015 by Dean Rogers, CMT in Oil Price Forecast

By Dean Rogers On Friday evening I sat down to write Kase’s detailed weekly forecasts on WTI crude oil and Brent with an image of Chicken Little running around warning all of his pals that the sky is falling. This is a feeling that resonated with many market participants around the world as stock indices … Continue reading WTI Crude Oil Forecast: Testing Major Support at $37.9

Live Cattle Forecast: Where’s the Beef Going?

Posted on August 20, 2015 by Dean Rogers, CMT in Ask Kase

By Dean Rogers Who could ever forget the iconic 1984 Wendy’s commercials featuring three little old ladies yelling “where’s the beef?”(If you are too young to remember treat yourself to taking a minute to watch.) The commercials and the phrase “where’s the beef?” spawned a cultural catchphrase that has since become a statement questioning the … Continue reading Live Cattle Forecast: Where’s the Beef Going?

Natural Gas Forecast: Technicals Call for Decline to Continue

Posted on August 19, 2015 by Dean Rogers, CMT in Natural Gas Price Forecast

By Dean Rogers For most of 2015 natural gas has traded within a range between $2.65 and $2.95, and within the past week prices have tested both the upper and lower boundaries of the range. After failing to overcome $2.95 and stalling at $2.934 on August 12, prices declined to $2.68 on August 18, a … Continue reading Natural Gas Forecast: Technicals Call for Decline to Continue