Jim Parrish and Kris Hicks

About the Author

Parrish Hicks Capital Research is a trading and technical analysis firm that specializes in Energy and Metal commodity futures. The two founders, Jim Parrish and Kris Hicks, have a combined 38 years’ experience in the commodity business and in 2011 accurately forecasted both $25 moves to the downside in May and July and the $25+ move to the upside in October. They also called the all-time high day for Gold on September 6, 2011 and forecasted a projected downside target of 1528.10 in March 2012. Their trading methodology has a high degree of accuracy which confirms tops/bottoms, projected trading ranges and projected targets for those ranges. Their expertise is focused on 16 commodities plus the comparable ETF markets. You can reach them at Jim@ParrishHicks.com and Kris@ParrishHicks.com or at www.ParrishHicks.com.

Gold finds solid support, turns bullish

By Jim Parrish and Kris Hicks | November 19, 2012

Look for Friday’s confirmed bullish price action in gold to extend on higher into the beginning of this week and move back above $1,730 in early trading Monday.
Oil vulnerable to making four-month lows at $83.73

By Jim Parrish and Kris Hicks | November 16, 2012

Oil looks vulnerable to the downside and may target not only this week’s lows of $84.57 but also make new four-month lows on the way down to $83.73.
Gold paralyzed by fiscal uncertainty

By Jim Parrish and Kris Hicks | November 15, 2012

Look for gold to continue to work out to the side until Friday when there should be a little more clarity on how Congress and the President will work together to avoid the fiscal cliff.
Natural gas targets $4 as first storage withdrawal looms

By Jim Parrish and Kris Hicks | November 14, 2012

December Natural Gas exploded higher on Tuesday to its highest level in nearly two weeks and its largest single day gain in nearly five months as cooler temperatures across the country point to the season’s possible first storage withdrawal.
E-mini S&P plunge could continue to 1334

By Jim Parrish and Kris Hicks | November 13, 2012

Look for the E-mini S&P 500 to drop lower in Tuesday’s trading before violating last week’s low and possibly extend the losses further towards our Q4 downside objective of 1334.75.
Natural gas could see bump before falling lower

By Jim Parrish and Kris Hicks | November 12, 2012

Natural gas should try and make an initial move slightly higher near $3.537 in early trading before falling lower to violate last week’s low and fill the contract close gap at $3.471.
Oil looks to form seasonal lows

By Jim Parrish and Kris Hicks | November 9, 2012

Look for oil to make a move slightly higher on Friday before retesting the current low as the market looks to make its seasonal low soon.
Oil weakness brings $80 target into play

By Jim Parrish and Kris Hicks | November 8, 2012

Oil should move a shade higher in early trading on Thursday before resuming the two-month long sell-off as the market threatens the $80 threshold.
Natural gas targets $3.70 in rebound

By Jim Parrish and Kris Hicks | November 7, 2012

Natural gas’ strong price action should lead to a higher Wednesday and the market may approach $3.70 on its way back to the upside and the eventual test of last week’s high.
Natural gas tries to end slippage with support at $3.50

By Jim Parrish and Kris Hicks | November 6, 2012

Having found crucial support at the psychological price of $3.50, natural gas may be able to put an end to the recent slippage and move back near $3.80.