Natural Gas Forecast: Rising Towards Key Resistance
By Dean Rogers For several weeks natural gas has been trading within a range bound between $2.65 and $2.95, and more recently between $2.71 and $2.88. On Wednesday natural gas prices closed at the highest level since May 21 at $2.931, and the first class KEES permissions (blue dots) confirm the positive tone. Natural gas … Continue reading Natural Gas Forecast: Rising Towards Key Resistance
Big Hotel Stocks – Starwood Is Not Hot
By Cynthia Kase Read on TraderPlanet.com The big hotel chains recovered from the financial crisis well and until recent months showed steady gains. Diversification, appealing to differing guests, as well as shifting property ownership to partners helped heat the sector. But now, it looks like supply is catching up with demand, and now the sector … Continue reading Big Hotel Stocks – Starwood Is Not Hot
WTI Crude Oil Forecast: A Few Signs of Life
By Dean Rogers For the past eight weeks September WTI crude oil futures have closed lower, and the decline is quickly approaching major support at $42.5. Many pundits claim the sky is falling, but it is usually at times like this that the market will finally find support and at least attempt to make a … Continue reading WTI Crude Oil Forecast: A Few Signs of Life
Natural Gas Forecast: Failure to Overcome Key Resistance…Again
By Dean Rogers Patience is a virtue. Natural gas has been trying the patience of traders as it continues to trade in a range between approximately $2.65 and $2.95. This week’s rise from $2.706 is very similar to last week’s move up from $2.735, and given today’s decline and close below $2.80, it looks like … Continue reading Natural Gas Forecast: Failure to Overcome Key Resistance…Again
CBOE Volatility Index: Vexed by the VIX?
by Cynthia A. Kase Read on TraderPlanet.com The CBOE Volatility Index, or VIX, has been chopping around erratically, oscillating between lows in the 11.4 to 11.8 range and testing highs generally in the mid to upper teens, but occasionally spiking fitfully into the low 20s. Resistance at 17.19 was tested twice earlier this year, and from … Continue reading CBOE Volatility Index: Vexed by the VIX?
Is RBOB Gasoline Due for a Correction?
By Dean Rogers RBOB Gasoline futures tested support at 167.43 on Monday and have taken out the crucial 169.25 swing low. The outlook is negative, but many technical factors, including Monday’s dip below the lower Bollinger Band, indicate a correction should take place once 160.0 is met. This is the confluence point between the 62 … Continue reading Is RBOB Gasoline Due for a Correction?
Midweek Natural Gas Forecast – July 29, 2015
By Dean Rogers Natural gas continues to oscillate in a range between $2.65 and $2.95 as weather forecasts change from week-to-week. “Sweltering” heat in the US Northeast is the latest reason reported for this week’s price rise. However, it is important to keep in mind that the shifting weather forecasts and related events have kept … Continue reading Midweek Natural Gas Forecast – July 29, 2015
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

