by Chris Kimble | Nov 1, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE Many key commodities are breaking support, ranging from the CRB Index, Crude Oil, Commodities ETF (DBC) and Gasoline futures. This has my attention, due to this…the majority of the time Crude Oil & Gasoline have been soft, it may...
by Chris Kimble | Jul 16, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE Without a doubt high gas prices has its negative impact on the consumer. The talking heads have been discussing how high gas prices could reach in the near future. Lets step back for a moment and look at Crude oil prices, traders...
by Chris Kimble | May 3, 2012 | Kimble Charting
The Power of the Pattern reflected that most wouldn’t want this “Cup & Handle” pattern to come true, because if it did, gas prices could push towards $5 a gallon (See post here) CLICK ON CHART TO ENLARGE The chart below reflects that the...
by Chris Kimble | Mar 21, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE Cup & Handles, when they take place often suggest higher prices. This pattern isn’t at a point of completion, yet if the Cup & Handle does come true, gas futures could head much higher. I suspect a few people around the...
by Chris Kimble | Jun 27, 2011 | Kimble Charting
The “Power of the Pattern” has been suggesting for a while now that lower Crude Oil prices were in store…(see post here) The Pattern below could be suggesting lower prices are ahead for prices at the pump….Anyone be upset if this pattern...
by Chris Kimble | Jan 24, 2011 | Kimble Charting
On 12/29 (in the chart below) the Power of the Pattern suggested that a “right shoulder” could be forming in Gas prices and that $2.50 was a key level for gas to not break above. If gas were to break above $2.50 prices could get rather...
by Chris Kimble | Jan 5, 2011 | Kimble Charting
Last week I shared that a long-term “Head & Shoulders” pattern could be forming in Gasoline charts below (see post here) CLICK ON CHART TO ENLARGE Below is an update of Gasoline on a shorter term basis. CLICK ON CHART TO ENLARGE Hope is not a...
by Chris Kimble | Dec 29, 2010 | Kimble Charting
Gas prices could rocket up again if key resistance at the $2.50 level is taken out. Potential Right Shoulder looks to be forming right now in the chart below. A good sign for the economy??? CLICK ON CHART TO ENLARGE The last time gasoline futures broke above...
