Is The Cascade Lower In Crude Oil Prices Over?
Short answer – probably not, but respite ahead in the short run.
Since spiking on October 9, 2015, the chart for Crude Oil prices has...
US Soybeans Weekly Review: January Futures Hit 6 Year Lows
January soybean futures ended the week lower, closing down 7 ¾-cents per bushel on Friday afternoon finishing at $8.55 ¼. That close was within...
Chart Spotlight: Is Copper Ready To Rally?
With the entire commodity space taking another nose dive, a specialty pattern indicator that I have been focusing on just popped up on my...
Weekly Stock Market Outlook: Rally Gets Ahead Of Itself
What We Are Watching
This Week's Stock Market Outlook:
Stock Market Rally Got Ahead Of Itself – It is not so much that the 200+ point...
Is A Crude Oil Bottom In Sight? Watch The US Dollar
The Crude Oil market has weakened since September, and some readers have asked whether we think a Crude Oil bottom is near. We want...
Why $40 Is A Key Level For Crude Oil Prices
Back in August, I wrote a blog post on Crude Oil showing the “measured move” Crude Oil lower price target as a percentage basis...
Copper Futures Price Forecast: Pessimistic Through 2016
During the ten months since we last wrote about copper futures, price has obeyed our copper futures price forecast by slowly creeping lower. If...
US Corn Weekly Review: Futures Weigh Bearish Headwinds
December corn futures continued to trade in a very narrow range this week with values consolidating between approximately $3.80 and $3.70 per bushel. The...
Gold Bulls Let Down Again In Precious Metals Latest Slide
For the last 2 or 3 years, Gold bulls have gotten their hopes up, only to be let down time and time again. In short,...
Why Crude Oil Prices May Move Higher Into Year End
The last year has been a rough one for Crude Oil prices. I suspect that consumers are enjoying the benefit of crude oil prices, as...