Major US Indices Forecast, June 26, 2017, Technical Analysis

Major US Indices Forecast, June 26, 2017, Technical Analysis

S&P 500 The S&P 500 had a volatile session on Friday, initially going sideways and then dipping down towards the 2430 handle. There's enough support there to turn the market around though, and with the rebalancing of the Russell 2000, it makes sense that we saw this type of choppiness. I still believe in the … Continue reading Major US Indices Forecast, June 26, 2017, Technical Analysis


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Price of Gold Fundamental Weekly Forecast – Falling Treasury Yields Will Be Bullish

Gold posted a two-sided trade last week, first breaking to its lowest level since May 17 then recovering late in the week to finish marginally lower. August Comex Gold futures settled the week at $1256.40, down $0.10 or -0.01%. Gold hit a four-week low early in the week as the dollar held firm and the … Continue reading Price of Gold Fundamental Weekly Forecast – Falling Treasury Yields Will Be Bullish


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Natural Gas Price Fundamental Weekly Forecast – Oversold Conditions Could Lead to Short-covering

Natural gas futures posted a volatile week, driven lower by temperatures that were expected to come in average to below average over the next two-weeks. August Natural Gas futures settled the week at $2.951, down $0.109 or -3.56%. According to the EIA, U.S. natural gas stocks increased by 61 billion cubic feet for the week-ending … Continue reading Natural Gas Price Fundamental Weekly Forecast – Oversold Conditions Could Lead to Short-covering


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