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.
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
11/5/2014 Kase Chat – Kase Wave Analysis Part 3 of 4
This is the third of a four part series on Kase Wave Analysis. In this video Kase’s senior analyst, Dean Rogers, demonstrates how to identify confluent support and resistance levels using Fibonacci wave projections. This is “where the rubber meets the road” with Kase Wave Analysis. Upon completion of this session you will be able … Continue reading 11/5/2014 Kase Chat – Kase Wave Analysis Part 3 of 4
December 2014 NY Harbor ULSD Update
December 2014 NY Harbor ULSD futures have formed a rectangle pattern. A break out of the rectangle will provide a near-term direction. Monday’s close below Friday’s midpoint indicates the pattern will likely break lower. Upon a close below 243.5 look for the pattern to break lower and decline to at least 236.4, which then connects … Continue reading December 2014 NY Harbor ULSD Update
December WTI Futures Update
December WTI broke the recent and crucial $79.1 swing low when prices fell to a $78.14 intraday low on Monday. This was the 1.00 projection for the two largest waves down from $106.81 (Wave A) and $103.66 (Wave A’/C). WTI is now poised for at least $73.9 and possibly $69.8, which are the next targets … Continue reading December WTI Futures Update
Hertz Long-Term Bullish After Completing Wave IV of V
On October 1, 2014, Kase commented on a tweet, and posted the weekly chart shown below, regarding the decline of Hertz (HTZ). In that tweet, we stated that the decline from $31.61 was likely a corrective Wave IV of a long-term bullish five-wave formation. A week later, on October 8, we discussed the trade setup … Continue reading Hertz Long-Term Bullish After Completing Wave IV of V
