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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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By Kris Hicks |
May 2, 2013
June WTI Crude Oil dropped significantly lower on Wednesday following a dramatic increase in storage supplies as it dropped back below the 10- and 20-day moving averages near last week’s mid-point.
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By Kris Hicks |
May 1, 2013
June Natural Gas rotated back and forth around a tight trading range on Tuesday as the bulls were unable to push the market through $4.40 but the bears were unable to put enough pressure on the market to trigger a collapse below $4.30.
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By Kris Hicks |
April 30, 2013
June WTI Crude Oil continued higher on Monday as it threatened the $95 mark en route to closing at its highest level in almost three weeks because of a declining USD and rallying equity market.