Rick Alexander’s Energy futures commentary (5/18)

Trading commodity futures and options involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources.

By: Rick Alexander, senior broker at Zaner Group.

ENERGIES: 5/18/12  Lower closes yesterday for crude oil and heating oil futures along with gasoline rbob and natural gas futures.  The rising dollar and falling indices lately have helped lead the energies lower.  The crude made its worst close since November 2nd while the heat had its lowest low and close since December and the rbob since January.  The crude has been bascially falling since the beginning of the year and now has quite a bit of resistance overhead as seen below.  It’s next support is below 9000 basis the July contract.  Heating oil looks terrible unable to hold the 2900 area but with little resistance up to around 3000 making ot scary to go short at its present level.  The rbob also has little resistance up to 3100 while ending up below 29000 also.  Both continue to look bearish with little resistance above.  Basis the weekly chart, there’s good support down to 280 basis for the June heat contract which is a long way to go but alot closer than a week ago.  The rbob had good support at 290 and from 280 down to 260.  Natural gas settled lower after making its best high since late March in revesal type action while having  its best retracement rally in quite some time.  I feel the June contract needs to close over 260 since there is some resistance leading up to that price.  Meanwhile, gas has been trending lower since April 2008 and has a four year supply in storage with little storage capacity left at this time.  For additional customizable charts and quotes visit Markethead.com for a FREE, no-obligation 30 day subscription.  SELL SIGNALS FOR CRUDE OIL AND HEATING OIL FUTURES ALONG WITH GASOLINE RBOB AND NATURAL GAS FUTURES.  CALL FOR DETAILS AT (312) 277-0107 OR EMAIL ralexander@zaner.com!

Rick Alexander

(312) 277-0107

ralexander@zaner.com

Zaner Group

Subscribe FREE to Zaner Group’s Daily Research Newsletter.

Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed.

 

 

 

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Rick Alexander’s Energy futures commentary (5/16)

Trading commodity futures and options involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources.

By: Rick Alexander, senior broker at Zaner Group.

ENERGIES: 5/16/12  EIA ENERGY STOCKS. Higher closes yesterday for the heating oil and natural gas futures while lower for crude oil along with gasoline rbob.  The rising dollar and falling indices lately have helped lead the energies lower.  The crude made its worst low since November and close since December while the heat had its lowest low since the beginning of January before settling higher in reversal type action.  The rbob had its lowest close since late January.  The crude has been bascially falling since the beginning of the year and now has quite a bit of resistance overhead as shown below.  It’s next support is below 9000 basis the July contract.  Heating oil looks terrible but if it can hold the 2900 area there is hope for a rally up to around 3000.  The rbob also needs to hold the 2900 area for a potential retracement up to 3100.  Both continue to look bearish with little resistance above.  Basis the weekly chart, there’s good support down to 280 basis for the June heat contract which is an awfully long way to go!  The rbob, like the heat, remains in a strong down-trend at this time.  The rbob has good support at 290 and from 280 down to 260.  Natural gas settled higher still in its best retracement rally in quite some time.  I feel the June contract needs to close over 260 since there is some resistance leading up to that price.  Meanwhile, gas has been trending lower since April 2008 and has a four year supply in storage with little storage capacity left at this time.  For additional customizable charts and quotes visit Markethead.com for a FREE, no-obligation 30 day subscription.  SELL SIGNALS FOR CRUDE OIL AND HEATING OIL ALONG WITH GASOLINE RBOB AND NATURAL GAS FUTURES.  CALL FOR DETAILS AT (312) 277-0107 OR EMAIL ralexander@zaner.com!

 

Rick Alexander

(312) 277-0107

ralexander@zaner.com

Zaner Group

Subscribe FREE to Zaner Group’s Daily Research Newsletter.

Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed.

 

 

 

 

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Judy Crawford’s Energy futures Market Update (5/16)

Trading commodity futures and options involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources.

By: Judy Crawford, senior broker at Zaner Group.

ENERGY FUTURES COMMENTS

JUNE MINI CRUDE OIL:  It continues to lead and is now under 94.00.  It took out the December low of 93.40 today.  The new low is 93.02.  Like gold, on the monthly chart it has violated the 20 day ma this month.  On the weekly chart it will reach the 100 day ma at 92.50.  It might try to hold there.  Closed 93.98, down 1.53.

For additional customizable charts and quotes visit Markethead.com for a FREE, no-obligation 30 day subscription.

 

Judy Crawford

Call Judy Crawford toll-free at (888) 301-8120 or directly at (312) 277-0133

E-mail: jcrawford@zaner.com.

http://www.tradingfuturesmarkets.com/

Subscribe FREE to Zaner Group’s Daily Research Newsletter.

Trading commodity futures and options involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources. Opinions are subject to change at any time and are not a solicitation or recommendation to buy or sell futures contracts or options on futures contracts. The information contained in this message has been obtained from sources believed to be reliable but is not guaranteed as to its accuracy or completeness. All known news and events have already been factored into the price of the underlying commodities discussed.

Past performance is not indicative of future results. All suggested trades are based on technical signals/indicators and do not include slippage or cost. Not all trades suggested are taken. Results are based on what the signal indicates not necessarily an actual trade. Actual results may vary.

All suggested trades are based on technical signals/indicators and do not include slippage or cost. Not all trades suggested are taken. Results are based on what the signal indicates not necessarily an actual trade. Actual results may vary.

 

 

 

 

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Rick Alexander’s Energy futures commentary (5/15)

Trading commodity futures and options involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources.

By: Rick Alexander, senior broker at Zaner Group.

ENERGIES: 5/15/12  API ENERGY STOCKS. Higher closes yesterday for the crude oil and heating oil futures along with gasoline rbob while lower for natural gas futures.  The rising dollar and falling indices lately have helped lead the energies lower.  The crude and heat made their lowest lows and close since December and the rbob its worst close since February.  Choppy action in the crude could be indicitve of a retracement on the horizon but I’ve been saying that for several sessions so far.  Crude closing below 9500 was not good in my opinion but was close enough to not take any new short postions since it can easily retracement up to the 100 area.  Closing below the critical 100 phsycological area last a week ago was extremely bearish in my opinion and now its down to the last important area to hold the way I see it.  The crude has been bascially falling since the beginning of the year and now has quite a bit of resistance overhead as shown below.  Heating oil looks terrible but if it can hold the 2900 area there is hope for a rally up to around 3000.  The rbob had its worst close since February also needing to hold the 2900 area for a potential retracement up to 3100.  Both continue to look bearish with little resistance above.  Basis the weekly chart, there’s good support down to 280 basis for the June heat contract which is an awfully long way to go!  The rbob, like the heat, remains in a strong down-trend at this time.  The rbob has good support at 290 and from 280 down to 260.  Natural gas settled lower but still with its best retracement in quite a while.  I feel the June contract needs to close over 260 since there is some resistance leading up to that price.  Meanwhile, gas has been trending lower since April 2008 and has a four year supply in storage with little storage capacity left at this time.  For additional customizable charts and quotes visit Markethead.com for a FREE, no-obligation 30 day subscription.  SELL SIGNALS FOR CRUDE OIL AND HEATING OIL ALONG WITH GASOLINE RBOB AND NATURAL GAS FUTURES.  CALL FOR DETAILS AT (312) 277-0107 OR EMAIL ralexander@zaner.com!

 

 

Rick Alexander

(312) 277-0107

ralexander@zaner.com

Zaner Group

Subscribe FREE to Zaner Group’s Daily Research Newsletter.

Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed.

 

 

 

 

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Heating Oil & Gasoline RBOB show sell signals (5/14)

Trading commodity futures and options involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources.

By: Larry Baer, senior broker at Zaner Group.

Gasoline RBOB:  July (and June) Gasoline RBOB futures are showing a fresh sell signal on the daily chart today.

Heating Oil:  July heating oil futures also generated a sell signal today on the daily chart.

Call me for trade set-ups at (312) 277-0112

For additional customizable charts and quotes visit Markethead.com for a FREE, no-obligation 30 day subscription.

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SEE CHARTS

Heating Oil futures Daily Chart

 

Gasoline RBOB futures daily chart

Call me for details and trade set-ups at (312) 277-0112

or toll free at 888-281-4161

or email: Lbaer@Zaner.com

How to open an account with Zaner Group.

Open an account with Larry Baer at Zaner Group.

Subscribe FREE to Zaner Group’s Daily Research Newsletter.

View my thoughts on other markets: Larry Baer’s Options & Futures Trading Strategies.

Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed.

 

 

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Rick Alexander’s Energy futures commentary (5/14)

Trading commodity futures and options involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources.

By: Rick Alexander, senior broker at Zaner Group.

ENERGIES: 5/14/12  Higher closes last session for natural gas futures while lower for crude oil and heating oil futures along with gasoline rbob.  The rising dollar and falling indices lately have helped lead the energies lower.  The crude does look oversold but didn’t make its worst close since December.  Choppy action also could be indicitve of a retracement on the horizon but we’ll see.  Crude still needs to hold the 9500 area in my opinion and, if it does, could retracement up to the 100 area.  Closing below the critical 100 phsycological area last Monday was extremely bearish in my opinion and now its down to the last important area to hold the way I see it.  The crude has been bascially falling since the beginning of the year and now has quite a bit of resistance overhead as shown below.  Heating oil and the rbob both settled lower again with the heat making its worst close since January 24th.  Both continue looking bearish with little resistance up to the 31000 which can be scary for the shorts.  Basis the weekly chart, there’s good support down to 280 basis for the June heat contract which is an awfully ling way to go!  The rbob, like the heat, remains in a strong downtrend at this time.  The rbob has good support at 290 and from 280 down to 260.  Natural gas continues moving higher with its best retracement for quite a while after making its highest high and close since the middle of March and also up five sessions in a row.  I feel the June contract needs to close over 260 since there is some resistance leading up to that price.  Meanwhile, gas has been trending lower since April 2008 and has a four year supply in storage with little storage capacity left at this time.  For additional customizable charts and quotes visit Markethead.com for a FREE, no-obligation 30 day subscription.  SELL SIGNALS FOR CRUDE OIL AND HEATING OIL FUTURES ALONG WITH GASOLINE RBOB AND NATURAL GAS FUTURES.  CALL FOR DETAILS AT (312) 277-0107 OR EMAIL ralexander@zaner.com!

 

Rick Alexander

(312) 277-0107

ralexander@zaner.com

Zaner Group

Subscribe FREE to Zaner Group’s Daily Research Newsletter.

Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed.

 

 

 

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Rick Alexander’s Energy futures commentary (5/11)

Trading commodity futures and options involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources.

By: Rick Alexander, senior broker at Zaner Group.

ENERGIES: 5/11/12  Higher closes yesterday for crude oil and natural gas futures while lower for heating oil and gasoline rbob.  The crude looks oversold after attempting to take out Wednesday’s low but failing so far.  Choppy action also could be indicitve of a retracement on the horizon but we’ll see.  Crude still needs to hold the 9500 area in my opinion and, if it does, could retracement up to the 100 area.  Closing below the critical 100 phsycological area on Monday was extremely bearish in my opinion and now its down to the last important area to hold the way I see it.  The crude has been bascially falling since the beginning of the year and now has quite a bit of resistance overhead as shown below.  Heating oil and the rbob both settled lower looking bearish with heavy resistance overhead for both.  Also, the heat and rbob have little resistance up to the 31000 which can be scary for the shorts.  Basis the weekly chart, there’s good support down to 280 basis the June contract for the heat.  The rbob setted higher again, but like the heat, reamins in a strong downtrend at this time.  The rbob has good support at 290 and from 280 down to 260.  Natural gas continues with  its best retracement ‘for many moons’ closing higher for the fourth session in a row with the 260 area important to close over since there is some resistance leading up to that price.  This also was gas’s best high and close since March again.  Meanwhile, gas has been trending lower since April 2008 and has a four year supply in storage with little storage capacity left at this time.  For additional customizable charts and quotes visit Markethead.com for a FREE, no-obligation 30 day subscription.  SELL SIGNALS FOR CRUDE OIL AND HEATING OIL ALONG WITH GASOLINE RBOB AND NATURAL GAS FUTURES.  CALL FOR DETAILS AT (312) 277-0107 OR EMAIL ralexander@zaner.com!

Rick Alexander

(312) 277-0107

ralexander@zaner.com

Zaner Group

Subscribe FREE to Zaner Group’s Daily Research Newsletter.

Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed.

 

 

 

 

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Judy Crawford’s Energy futures Market Update (5/11)

Trading commodity futures and options involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources.

By: Judy Crawford, senior broker at Zaner Group.

ENERGY FUTURES COMMENTS

JUNE MINI CRUDE OIL:  It has been consolidating for four days right under the 200 day ma that it violated on Monday.  It triggered another sell yesterday from Tuesday’s inside day.  It has yet to follow through.  It is trying to consolidate in a previous support area formed in Dec. 2011.  During the entire recent sell-off, there wasn’t any substantial drop in open interest.  With it still at a one year high, the market remains vulnerable to more selling.  Will it happen?  Both long term charts continue to suggest lower crude.  If it can rally from the current consolidation, it could be an opportunity to short.  Closed 97.08, up .27.

For additional customizable charts and quotes visit Markethead.com for a FREE, no-obligation 30 day subscription.

 

Judy Crawford

Call Judy Crawford toll-free at (888) 301-8120 or directly at (312) 277-0133

E-mail: jcrawford@zaner.com.

http://www.tradingfuturesmarkets.com/

Subscribe FREE to Zaner Group’s Daily Research Newsletter.

Trading commodity futures and options involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources. Opinions are subject to change at any time and are not a solicitation or recommendation to buy or sell futures contracts or options on futures contracts. The information contained in this message has been obtained from sources believed to be reliable but is not guaranteed as to its accuracy or completeness. All known news and events have already been factored into the price of the underlying commodities discussed.

Past performance is not indicative of future results. All suggested trades are based on technical signals/indicators and do not include slippage or cost. Not all trades suggested are taken. Results are based on what the signal indicates not necessarily an actual trade. Actual results may vary.

All suggested trades are based on technical signals/indicators and do not include slippage or cost. Not all trades suggested are taken. Results are based on what the signal indicates not necessarily an actual trade. Actual results may vary.

 

 

 

 

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Rick Alexander’s Energy futures commentary (5/10)

Trading commodity futures and options involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources.

By: Rick Alexander, senior broker at Zaner Group.

ENERGIES: 5/10/12  EIA GAS STORAGE. Higher closes yesterday for natural gas, heating oil and gasoline rbob while lower for crude oil futures again.  The crude made its worst low and close since December 20th but looks oversold by its action during the day.  Crude still needsto hold the 9500 area in my opinion and, if it does, could retracement up to the 100 area.  Closing below the critical 100 pyscghological area on Monday was extremely bearish in my opinion and now its down to the last important area to hold the way I see it.  The crude has been bascially falling since the beginning of the year and now has quite a bit of resistance overhead as shown below.  Heating oil and the rbob both settled higher but look bearish with heavy resistance overhead for both.  Also, the heat and rbob have little resistance up to the 31000 which can be scary for the shorts.  Also, basis the weekly chart, there is good support down to 280 basis the June contract for the heat.  The rbob setted higher again, but like the heat, reamins in a strong downtrend at this time.  The rbob has good support at 290 and from 280 down to 260.  Natural gas continues with its best retracement ‘for many moons’ with the 260 area important to close over since there is some resistance leading up to that price.  This also was gas’s best high and close since March again.  Meanwhile, gas has been trending lower since April 2008 and has a four year supply in storage with little storage capacity left at this time.  For additional customizable charts and quotes visit Markethead.com for a FREE, no-obligation 30 day subscription.  SELL SIGNALS FOR CRUDE OIL AND HEATING OIL FUTURES ALONG WITH GASOLINE RBOB AND NATURAL GAS.  CALL FOR DETAILS AT (312) 277-0107 OR EMAIL ralexander@zaner.com!

Rick Alexander

(312) 277-0107

ralexander@zaner.com

Zaner Group

Subscribe FREE to Zaner Group’s Daily Research Newsletter.

Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed.

 

 

 

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Rick Alexander’s Energy futures commentary (5/09)

Trading commodity futures and options involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources.

By: Rick Alexander, senior broker at Zaner Group.

ENERGIES: 5/9/12  EIA ENERGY STOCKS. Higher closes yesterday for natural gas, heating oil and gasoline rbob futures while lower for crude oil.  The crude made its worst close since last December still needing to hold the 9500 area.  Closing below the critical 100 pyscghological area on Monday was extremely bearish in my opinion and now its down to the last important area to hold the way I see it.  The crude has been bascially falling since the beginning of the year and now has quite a bit of resistance overhead as shown below.  Heating oil made its lowest low since late December before settling higher in reversal type action and has little resistance up to the 31000 which can be scary for the shorts.  Also, basis the weekly chart, there is good support down to 280 basis the June contract.  However, the heat is still in a downtrend at this time.  The rbob setted higher also but like the heat is in a strong downtrend at this time.  The rbob has little resistance up to the 310 area and good support at 290 and from 280 down to 260.  Natural gas had a large range and strong close breaking out of a BULL PENNANT meaning it should continue to work higher from this consolidation formation.  This was its best high and close since late March.  Meanwhile, gas has been trending lower since April 2008 and has a four year supply in storage with little storage capacity left at this time.  For additional customizable charts and quotes visit Markethead.com for a FREE, no-obligation 30 day subscription.  SELL SIGNALS FOR CRUDE OIL AND HEATING OIL FUTURES ALONG WITH GASOLINE RBOB AND NATURAL GAS FUTURES.  CALL FOR DETAILS AT (312) 277-0107 OR EMAIL ralexander@zaner.com!

 

Rick Alexander

(312) 277-0107

ralexander@zaner.com

Zaner Group

Subscribe FREE to Zaner Group’s Daily Research Newsletter.

Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed.

 

 

 

 

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