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.
Bullish WTI Crude Oil Formation May Fail
June WTI crude oil has oscillated in the range of a broadening wedge over the last eight trading days. The pattern is bullish, but the euphoria of WTI’s recent price surge is waning. Mixed technical and fundamental factors indicate the pattern will fail if the $58.41 swing high is not overcome soon. Key technical support … Continue reading Bullish WTI Crude Oil Formation May Fail
Midweek Natural Gas Forecast – April 22, 2015
Natural gas futures nearly filled Monday’s gap down from $2.625. This is crucial resistance because it is near the 38 percent retracement from $2.949 and the confirmation point of April 15th’s morning star. A close over $2.625 would call for the upward correction to extend and challenge key resistance at $2.77. We still think resistance … Continue reading Midweek Natural Gas Forecast – April 22, 2015
5 Tradeoffs Entrepreneurs Must Make to Achieve Success
by Erik Episcopo with comments from Cynthia Kase Read on BusinessPlanToday.com To many, entrepreneurship is a romantic concept. You can be your own boss, experience the freedom of self-management, accumulate material wealth, and live glamorously. Could it be too good to be true? Not necessarily — any successful business owner will tell you that all of … Continue reading 5 Tradeoffs Entrepreneurs Must Make to Achieve Success
Technical Patterns Still Call for ULSD Price Rise
NY Harbor ULSD May futures fell to 187.35 on Monday, but the decline is corrective and forms an intraday bullish pennant (not shown). Support at 182.7, the 38 percent retracement from 166.53 should hold, though an extended correction to the 62 percent retracement at 176.5 would not be out of the ordinary at this point. … Continue reading Technical Patterns Still Call for ULSD Price Rise
5 Steps to Getting Investment Risk Under Control
by Cynthia A. Kase Read on FEI Daily Without investment risk none of us would make any money in the markets, but managing trading risk as a financial executive is a lot more complicated than one might like. Often risk limits are set arbitrarily and impacted by trader performance, units traded, the typical risk per … Continue reading 5 Steps to Getting Investment Risk Under Control
Midweek Natural Gas Forecast – April 15, 2015
May natural gas futures stalled at $2.475 after meeting the 0.618 target for the wave $2.949 – 2.583 – 2.719. A close over $2.576 will complete the bullish morning star and a close over $2.624 would confirm it. In addition, the confirmed bullish KaseCD divergence and second class long KEES permissions indicate the upward correction … Continue reading Midweek Natural Gas Forecast – April 15, 2015
RBOB Gasoline Futures Oscillating in Coil Pattern
Since mid-March prices for the May RBOB Gasoline futures contract have oscillated in a narrowing range and formed a coil pattern. Coils are patterns that indicate market indecisiveness, which has definitely been the case for the entire crude oil infrastructure since the beginning of the year. Coils are not as reliable as flags, pennants, and … Continue reading RBOB Gasoline Futures Oscillating in Coil Pattern
Midweek Natural Gas Forecast – April 8, 2015
From day-to-day natural gas prices are oscillating back and forth on short term speculation and headlines. At one moment we read that the weather forecast is cooler than normal for the next few weeks and then a headline says the forecast is normal. In addition, rig counts are down, but the rate at which they … Continue reading Midweek Natural Gas Forecast – April 8, 2015
WTI-Brent Spread Narrowing
The WTI-Brent spread narrowed to ($5.81) on Monday and will likely continue to narrow over the next few days as it approaches a key threshold at ($4.40). This is the 62 percent retracement of the decline from $1.01 to ($13.13). The narrowing spread is currently a result of strengthening WTI prices and a weaker outlook … Continue reading WTI-Brent Spread Narrowing
Midweek Natural Gas Forecast – April 1, 2015
Natural gas had been supported by late winter weather in regions of the U.S. through late last week. However, as expected, natural gas prices finally broke lower out of the large scale corrective pattern that formed during the calendar month of March. The move down is poised to continue, but in the very short term, … Continue reading Midweek Natural Gas Forecast – April 1, 2015
