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 |
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.
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By Kris Hicks |
April 29, 2013
Although the market closed down more than 21 cents from last week, Friday’s strong rally into the close points toward a possible move back higher to begin the week and should test the patience of shorts up to as highs as $4.35.
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By Kris Hicks |
April 23, 2013
May Natural Gas dropped back lower on Monday after a revised weather forecast showed higher than expected temperatures in the upcoming days while pushing the market to close below a short-term trendline.
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By Kris Hicks |
April 22, 2013
Following Friday’s weak rally that was unable to hold a close above $89, oil should break down once again to test this past week’s low and if it is unable to hold, then follow through lower toward $83.06.
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By Kris Hicks |
April 18, 2013
A falling U.S. equity market and rallying U.S. dollar should continue to give trouble to this abundantly supplied oil market as it moves lower to threaten the $80 mark in short order.
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By Kris Hicks |
April 17, 2013
May Natural Gas gave way to additional selling in the early goings of Tuesday’s pit session before rallying more than 7 cents going into the end of trading back near the day’s highs and Monday’s mid-range.
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By Kris Hicks |
April 16, 2013
May Natural Gas saw resistance exactly where suggested below the $4.30 mark before dropping sharply lower as it made new lows for the session going into the last moments of trading.
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By Kris Hicks |
April 15, 2013
May WTI Crude Oil dropped sharply lower in Friday’s trading session as it threatened the March lows at $90 and posted the second lowest weekly settlement of 2013.
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By Kris Hicks |
April 12, 2013
May Natural Gas rebounded from an early session decline on Thursday following a draw from inventories placing current storage levels below the five-year average for this time of year.
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By Kris Hicks |
April 11, 2013
May Natural Gas saw quite the volatile trading session on Wednesday as the market shot up higher to test the weekly highs during early trading before gains were liquidated into the close to settle below $4.10.