Lower Commodity Prices and a Stronger Dollar in the Months Ahead?

Andy Hecht
Aug 03, 2015

The US dollar is the pricing mechanism for almost all raw material prices around the globe. As the reserve currency of the world, the vast amount of liquid trading in commodity futures and forward markets is denominated in the US currency. While... more

Crude Oil Testing a Balance Low

Joseph Souhlakis
Jul 31, 2015

For the past six weeks, crude oil has come off from about $62 down to about $47. However, over the past seven days, the September contract found a rotational range from 47.06 to 49.63. On Friday, July 31, 2015, crude oil took out the 47.06... more

Gold Testing a Two-Year Balance Low

Joseph Souhlakis
Jul 17, 2015

For over a year now, gold futures have been contained within an 11304-to-13078 balance bracket. Since January 2015, gold has been contained within an even tighter 11416-to-12320 range. Additionally, each weekly high over the past five weeks is... more

A Major Bottom in the Months Ahead for Silver?

Shaun Downey
Jul 15, 2015

Trend analysis via Step Theory reveals extremes that are rarely breached in any time frame. Below, the green and red studies are tracking uptrends and downtrends in 120-minute time frames. There are two occasions where the uptrend ends around... more

Dow Jones News Highlights: Technology

Jul 07, 2015

This Dow Jones News newsletter highlights some of the top coverage from Dow Jones' newsrooms around the world. The newsletter's focus is Technology, and coverage highlights include:

Market-moving news on Dish Networks' talks about funding a... more

Q2 Winners and Losers and a Look ahead to Q3

Andy Hecht
Jul 06, 2015

The rally in the US dollar that commenced in May 2014 saw a period of correction and consolidation during the second quarter of 2015. The world's reserve currency has an inverse relationship with commodity prices. In this piece, I describe how... more

Possible Downside Breakout Failure in Crude Oil

Joseph Souhlakis
Jun 26, 2015

For the last two weeks, August crude oil found a relatively tight, 5919-to-6163 rotational trading range. During that time, the market tested the range's extremes several times on each end. However, on Friday, June 26, 2015, crude oil gapped open... more

Crude Oil Coiling for a Breakout

Joseph Souhlakis
Jun 12, 2015

In the summer of 2014, Crude began a seven-month, over $50 decline to about $42. However over the past four months, it has slowly traded back above $60, settling near that price on Friday, June 12, 2015. During the last six weeks, crude oil found... more

A Significant Move May Be Ahead in the RBOB Crack Spread

Joseph Souhlakis
Jun 05, 2015

Over the past ten weeks, the spot RBOB crack spread has come into balance, having a similar weekly range over that span. The 2217-to-2769 balance bracket is in a relatively tight range for a ten-week period in the volatile spread. Additionally,... more

Dow Jones News Highlight: Resources

Jun 02, 2015

This Dow Jones News newsletter highlights some of the top coverage from Dow Jones' newsrooms around the world. The newsletter's focus is Resources, and coverage highlights include:

Exclusive news on India's sugar tax, Goldman Sachs coal... more