Kris Hicks

About the Author

Kris Hicks

KMH is a trading and technical analysis firm that specializes in commodity futures and commodity based ETF’s. Kris Hicks has worked for numerous years 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 in oil. He also called the all-time high day for gold on Sept. 6, 2011 and forecasted a projected downside target of 1528.10 in March 2012. He was also responsible for projecting the Q2 and Q4 low in the Euro FX to within 13 and 9 ticks, respectively. His trading methodology has a high degree of accuracy which confirms tops/bottoms, projected trading ranges and projected targets for those ranges. His expertise is focused on 16 commodities plus the comparable ETF markets. You can reach Kris at Kris@KMH-Capital.com or visit his website at www.KMH-Capital.com.

Natural gas rallies after storage report underwhelms

By Kris Hicks | May 24, 2013

June Natural Gas moved considerably higher on Thursday following a lower than expected injection into storage and propelled the market to its highest close in three weeks.
Strong natural gas close shows strength before storage numbers

By Kris Hicks | May 22, 2013

June Natural Gas was unable to follow through on Monday evening’s bearish price action to fill the weekly close gap still left in the market from last week as it moved to its highest levels since the bearish ERVB down day on 05/02.
WTI oil targets $104 after erasing losses

By Kris Hicks | May 20, 2013

The current shorter term time intervals in the crude market is showing a possible inverted head and shoulders formation that if fulfilled, projects that the market could continue the recent month long rally upward to as high as $104.
Natural gas rises but storage report could erase gains

By Kris Hicks | May 16, 2013

June Natural Gas moved to the upside for its third straight day of gains on Wednesday in its most narrow day of trading in almost a month as the short-covering rally rolled along.
Natural gas recovers after burst of cold weather before inventories

By Kris Hicks | May 15, 2013

June Natural Gas moved higher throughout much of Tuesday’s trading session following a burst of cold air in the upper Midwest and northeast portions of the country to settle above $4 in over a week.
Natural gas risks fall to $3.75 on unstable action

By Kris Hicks | May 14, 2013

Monday’s unstable price action indicates that natural gas should follow through on last week’s 82% close probability of taking out last week’s low, which could trigger further selling and drop the market to as low as $3.75 by the end of trading.
WTI oil closes with Brent as spread may fall below $5

By Kris Hicks | May 9, 2013

The spread between Brent and WTI continues to narrow and settled below $8 on Wednesday, and could come in to less than $5 as WTI may see resistance above $105 and WTI tracks for $100 and new annual highs.
Natural gas looks for buyers to target $4.13

By Kris Hicks | May 7, 2013

Expect for natural gas to continue to rally back through Friday’s highs on Tuesday on a short-covering rally and to as high as $4.13 before it meets significant resistance intra-week and fresh sellers return to the market.
Natural gas drop may signal intermediate-term highs

By Kris Hicks | May 6, 2013

June Natural Gas was crushed this past week after making new spot contract highs on Wednesday before a bearish storage number was released and the market saw massive liquidation on Thursday.
Natural gas falls most since June 2011, sees technical damage

By Kris Hicks | May 3, 2013

Natural gas created significant technical damage and even though it is oversold, drastically, traders should look to sell any rallies heading into the weekend.