By Nico Isaac
5/18/2012 4:45:00 PM
Since the start of May -- in just 3 weeks! -- crude oil prices have fallen 12% to land at their lowest level in 6 months. Great time to be an oil bear for sure, but now oil bears want to know whether their gravy train has reached its destination. Well, according to the mainstream experts, the answer to that question is a very confident Yes... and, an equally confident No. Today's story has the riveting details.
Filed Under: crude oil, Elliott wave, Elliott Wave trading, fundamental analysis, oscillators, Relative Strength Index (RSI), technical indicators
Category: Energy
Natural Gas Prices Rally: What the... Frack?
Why Energy Specialty Service turned near-term bullish natural gas in mid-April -- just as all the "fundamental" arrows were pointing DOWN.
By Nico Isaac
5/17/2012 5:00:00 AM
Back in mid-April, natural gas prices were circling the drain pipe of a 10-year low. And, according to the mainstream experts, the "overarching theme of the market" was bearish to the bone. Yet, right around that time, both natural gas futures and the US Natural Gas ETF hit bottom and started to soar. Read on see how EWI's Energy Specialty Service had the discipline to stand against the bearish fundamental winds...
Filed Under: crude oil, Elliott wave, fundamental analysis, natural gas
Category: Energy
By Nico Isaac
5/10/2012 6:00:00 PM
One of the biggest flaws of mainstream financial analysis is that it baits traders with a specific fundamental "hook." And once snared, they are forced to go wherever the reel draws them in, powerless to resist. If prices should go the other way (as they often do) the trader is caught. The Wave Principle, on the other hand, is founded on a number of key rules and guidelines that enable you to adjust your Elliott wave counts as price action sees fit.
Filed Under: crude oil, Elliott wave, Elliott Wave trading, Fibonacci, fundamental analysis
Category: Energy
By Vadim Pokhlebkin
5/10/2012 3:30:00 PM
Quick story. Back in 1998-1999, when a gallon of regular at a local QT gas station cost 67 cents (I kid you not), a colleague of mine here at the office was talking to an old buddy, who told him this: "When a barrel of oil costs less than a 12-pack of beer, you know it's time to buy." Boy, do I wish I had listened.
Filed Under: crude oil, Elliott wave, Elliott Wave trading, futures trading, natural gas, online trading, options trading
Category: Energy
Crude Oil Tanks: Is the March Peak a Distant Memory Now?
EWI’s Energy Specialty Service cuts through "fundamental" muck to find the Elliott wave pattern underway in crude oil
By Nico Isaac
5/3/2012 5:15:00 PM
In the last 24 hours, I have seen more back-and-forth, back-and-forth action in the "fundamental" news stories regarding crude oil than on the courts of the Masters Tennis tournament. But don’t take my word for it. The following slew of news items capture the bobble-headed nature of the fundamental game. Read on for today's full story.
Filed Under: crude oil, Elliott wave, Elliott Wave trading, fundamental analysis
Category: Energy
Oil Prices: It's Quiet, VERY Quiet
Elliott wave patterns in crude oil price charts have been sending an important message
By Vadim Pokhlebkin
4/17/2012 5:15:00 PM
Have you ever thought about this: When do you hear the most bullish opinions about a market – when it’s near a top, or near a bottom? You don’t have to be a market veteran to know the answer: Near a top. Or at least when prices are rising strongly. That brings to mind the recent picture in crude oil.
Filed Under: crude oil, Elliott wave, Elliott Wave trading, technical analysis, technical indicators
Category: Energy
By Vadim Pokhlebkin
3/29/2012 5:15:00 PM
The stock market closed lower on March 28, and the headlines were there to explain why: falling oil prices. The notion that oil and stock prices are linked is everywhere. But is it true? This chart shows a clear answer.
Filed Under: crude oil, Elliott wave, Robert Prechter, S&P 500, U.S. STOCK MARKET
Category: Energy
Crude Oil Prices...Through the Elliott Wave Pipeline
EWI's Energy Specialty Service's chart shows you how crude oil's February uptrend fits third-wave price action to a T.
By Nico Isaac
3/15/2012 5:15:00 PM
Unlike "fundamental" analysis, the Elliott wave approach to market forecasting is objective. That is, Elliotticians work with a set number of Elliott wave structures in price charts. So, rather than guessing about how this or that news outcome will "impact" a market's price, you get an unambiguous, and objective, opinion.
Filed Under: crude oil, Elliott wave, Elliott Wave trading
Category: Energy
"DEMANDING" A Clear Outlook for Crude Oil
EWI's Energy Specialty Service presents a compelling Elliott wave case for oil's near-term trend
By Nico Isaac
2/23/2012 11:00:00 AM
Trying to follow the recent news stories regarding the powerful rise in crude oil prices is like chasing after a straw hat on a windy sea shore. First the headlines blow the story in one direction, only to suddenly shift to an opposite course. "Fundamental" arguments can often make a difficult situation even more difficult. What was the "factor du jour" one minute ends up being "shrugged off" by the markets the next. Elliott wave analysis, on the other hand, can give you some objectivity in your analysis.
Filed Under: crude oil, Elliott wave, fundamental analysis, Greek debt, U.S. dollar, Elliott Wave trading
Category: Energy
What's Driving Oil Prices to Multi-Month Highs?
EWI's Energy Specialty Service presents a powerful case study into the staying power of oil's upsurge
By Nico Isaac
2/17/2012 4:45:00 PM
Recently, both Brent and crude oil markets have hit more high notes than soprano songstress Lady Gaga at the recent 2012 Grammy Awards. On February 17, the energy market capped off a 4.7% five-day winning streak for its biggest weekly gain in an entire year. As for why, a February 17 Bloomberg offers this explanation: "The headlines are what's driving this market." "Driving" this market off the road into a craggy ditch, maybe. Fact is, financial headlines regarding oil make a sharp right one day -- only to turn the wheel 180-degrees to the left the next.
Filed Under: crude oil, Elliott wave
Category: Energy
Oil Prices: Which Way Is Up?
EWI's Energy Specialty Service attempts to cut a plain, clear picture of crude oil's near-, and long-term future
By Nico Isaac
1/30/2012 10:00:00 PM
When it comes to "fundamental" analysis of financial markets, one giant hurdle exists that makes it next to impossible to gauge where prices will go next: its total reliance on events outside the markets. Wars and peace; economic reports; political news; you name it, it all goes in the pot. As a result, not only is the public constantly adjusting how they perceive these events, but also the events themselves are constantly changing.
Filed Under: crude oil, Elliott wave, Elliott Wave trading, fundamental analysis
Category: Energy
Natural Gas Price Heat Up: Will the Rally Continue?
EWI's Energy Specialty Service was one step ahead of natural gas' recent bounce. See how it fits the Elliott wave script.
By Nico Isaac
1/24/2012 3:15:00 PM
On January 23, the natural gas market went from stone cold to steaming hot, with prices enjoying a near 8% intraday surge. Today I sit down with EWI's Energy Specialty Service editor Steve Craig to discuss what's behind the energy's magnificent rise. The main point: Elliott wave analysis enabled Steve to anticipate the turn up in natural gas BEFORE any big ticket bullish fundamental news event hit the press.
Filed Under: crude oil, Elliott wave, Elliott Wave trading, fundamental analysis, natural gas
Category: Energy
By Nico Isaac
1/19/2012 4:30:00 PM
As I write, the wheels on one of the most dangerous stock market myths go round and round in the mainstream finanical press. SEE this news item from January 12: "A drop in oil prices and strong bond auctions in Europe drove US stocks to a slightly higher close today." (Irish Examiner) The problem is, there is no consistent inverse correlation between oil prices and stock prices. It's time for this particular notion to meet its maker.
Filed Under: crude oil, Elliott Wave Theorist, fundamental analysis, prechter, Robert Prechter, S&P 500, U.S. STOCK MARKET
Category: Energy
By Nico Isaac
12/29/2011 11:30:00 AM
Yesterday (December 28), I started a three-part "year-in-review" series inspired by the movie "It's a Wonderful Life." The basic gist: What if the early 2011 mainstream financial forecasts never existed? Would those who listened have been better -- or worse off -- now? Today, let's look crude oil -- and see how that same "fundamentals"-first approach misled mainstream forecasters.
Filed Under: crude oil, Elliott wave, Elliott Wave trading, ethanol futures, financial forecast, technical analysis, technical indicators
Category: Energy
By Nico Isaac
12/20/2011 4:15:00 PM
On December 14, President Barack Obama declared the end of the near-nine-year-long Iraq War. And, according to many mainstream financial pundits, when the U.S. troops leave Iraq, a new bear trend will be "occupying" the crude oil market. Their reason stems from the age-old "fundamental" analysis notion that "war is bullish for oil"; and conversely, the end of war, bearish. So, are they right? Well, take a look at the chart below.
Filed Under: crude oil, Elliott wave, Elliott Wave Principle, Elliott Wave Theorist
Category: Energy
Crude Oil: The Bulls Are Back In Town
EWI's Energy Specialty Service offers a different perspective on Crude and Brent than the mainstream
By Nico Isaac
12/5/2011 7:00:00 PM
The bulls are back in town! And, they've been spotted hang'n around their old stomping ground: the "Crude Oil Bar and Grill." To wit: On December 5, Wall Street presented its latest commodity forecast -- a bullish one, led by a 3-to-12 month rally in crude oil.
Filed Under: crude oil, Elliott wave, fundamental analysis, Wall Street, Elliott Wave trading
Category: Energy
By Nico Isaac
11/17/2011 5:30:00 PM
Oil markets are like cheeses. There are the processed, bright orange slices of American cheese -- and then, there are the rich and smelly wedges of Gouda. Likewise, no two oil markets are created equal. On one side, there's the more expensive Brent crude from the exotic North Sea in Europe. And then, there's West Texas Intermediate (WTI) from the heartland of Cushing, Oklahoma. The popular "brent/wti spread" is the ever-fluctuating difference between the price of these two oil markets.
Filed Under: crude oil, Elliott wave, Elliott Wave trading, fundamental analysis, momentum
Category: Energy
By Nico Isaac
11/11/2011 4:00:00 PM
Would you feel safe flying in a plane if the pilot made this announcement 10 minutes after takeoff? "Good evening, passengers. Our navigational compass has kicked the bucket; however, by hope, and hope alone, we will remain on the correct course. Enjoy the flight."
Filed Under: Elliott wave, Elliott Wave trading
Category: Energy
Hot Topic: Why Natural Gas Should Have Your Attention Now
EWI's Energy Specialty Service uses Elliott wave analysis to show you when and where natural gas prices should fuel up for a major move
By Nico Isaac
10/11/2011 8:00:00 PM
Today we're taking a trip down a short memory lane -- to this summer. If you recall, a deadly heat wave was plaguing every major U.S. metropolis from Boston to Boise. And the only thing more boiling than the temperatures outside was the prices inside the natural gas futures market. According to the mainstream financial experts, unlike the dripping people on the street, natural gas prices would NOT be sweating the upside.
Filed Under: Elliott Wave trading, fundamental analysis
Category: Energy
By Nico Isaac
10/3/2011 3:00:00 PM
In 2008, if you told most mainstream financial experts that crude oil prices would be circling the drain of a one-year low in October 2011, they'd say you were sniffing wood glue. YET -- after hitting an all-time high at $147 in July 2008, oil prices endured a precipitous decline to a low-$30-a-barrel bottom in mid 2009. It was by NOT relying on crude's "fundamentals" that EWI's Energy Specialty Service was able to foresee crude oil's peak in 2008.
Filed Under: crude oil, Elliott wave, Elliott Wave trading, fundamental analysis, Goldman Sachs
Category: Energy