RBOB gasoline met potential stalling point at 156.3
RBOB Gasoline continued its decline and met a crucial target at 155.8 for the primary wave down from 315.2. The trend terminus (T = 156.3), is the lowest that most trends extend. However, there is no evidence that the decline is going to end. The next targets are 147.3 and 139.2. The KaseCD is setup … Continue reading RBOB gasoline met potential stalling point at 156.3
12/10/2014 Kase Chat
Kase’s senior analyst Dean Rogers reviews trade setups and price forecasts for e-mini S&P 500, AAPL, and MSFT, using Kase Wave Analysis and Kase StatWare. http://youtu.be/SZ-ipWldKTc
Brent Crude Oil Breaks $67.0, Poised for $62.8 and $58.5
Coming into this week there was an outside chance that Brent would hold $67.0. However, prices settled below $67.0 on Monday. There is immediate support at $65.2 as discussed in this week’s Crude Oil Commentary, but the decline is now poised for at least $62.8 and likely $58.5 before a measurable retracement takes place. The … Continue reading Brent Crude Oil Breaks $67.0, Poised for $62.8 and $58.5
12/3/2014 Chat Session
Kase’s senior analyst Dean Rogers reviews trade setups and price forecasts for e-mini S&P 500 and AAPL, using Kase Wave Analysis and Kase StatWare. http://youtu.be/avOcOglsTUA
WTI Crude Oil Update
The outlook for WTI Crude Oil is negative, but prices met crucial support at $63.4. This is a confluent wave projection for the January contract, and more importantly, is the 62 percent retracement from the perpetual low of $32.4 to $114.83. In addition, the KaseCD is oversold on the monthly chart. The importance of $63.4 … Continue reading WTI Crude Oil Update
NY Harbor ULSD Crack Spread Update
The HOCL crack spread has narrowed after forming a double top at $27.26. A close below the $18.887 swing low would confirm the pattern. KaseX also indicates the spread should narrow. However, the move may be corrective. Crucial support at $22.38 is the 62 percent retracement from $18.887 and the 38 percent retracement from $14.987. … Continue reading NY Harbor ULSD Crack Spread Update
11/19/2014 Kase Chat
Kase’s senior analyst Dean Rogers reviews trade setups and price forecasts for e-mini S&P 500, crude oil, natural gas, AAPL, and VIPS using Kase Outlook, Kase StatWare, and KaseX. http://youtu.be/pLCujMm5-WE
WTI-Brent Spread Update
The WTI-Brent spread narrowed last week, but the move looks corrective. The spread will likely oscillate for the near-term, but ultimately odds favor a widening spread. The first target is (5.00), and a close below this would call for (6.50) and (9.00). Key long-term support is (11.80). This is a confluent wave projection and the … Continue reading WTI-Brent Spread Update
Bit by the Bund?
On Oct. 30, a colleague called frantically about 10-year German government bonds taking a major reversal after weak German business confidence data had been released. He was having difficulty gauging the importance of the news, and hoped that technicals would put the talking-head chatter into perspective, something fundamentals alone couldn’t do. I plotted a daily … Continue reading Bit by the Bund?
11/12/2014 Kase Chat – Kase Wave Analysis Part 4 of 4
This is the fourth of a four part series on Kase Wave Analysis. In this video Kase’s senior analyst, Dean Rogers, shows how the Kase Wave Analysis can be combined with other technical factors and indicators to make trading decisions. http://youtu.be/3JcHjdr2QWM
