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Who is Elliott Wave International?
EWI is the world s largest independent technical analysis firm. Founded by Robert Prechter in 1979, EWI helps investors and traders to catch market opportunities and avoid potential pitfalls before others even see them coming. Their unique perspective and high-quality analysis have been their calling card for nearly 40 years, featured in financial news outlets such as Fox Business, CNBC, Reuters, MarketWatch and Bloomberg.
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Spot The Next BIG Move In Oil, Gas, Energy ETFs

Spot The Next BIG Move In Oil, Gas, Energy ETFs
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Crude Oil Soars to 13-Month Highs: What's More Perfect than A "Perfect" Bullish Storm?


Oil s recent gains are the result of Elliott wave patterns, NOT weather patterns
by Nico Isaac
There s a funny but true saying that goes something like,
If you want to know whether to plan a picnic for tomorrow, don t ask a meteorologist. Ask an energy market analyst.
The reason is: Of all the fundamental factors supposedly driving oil prices, weather is in the top five; specifically, how certain weather events adversely affect the well-oiled machine of oil production.
Take, for instance, the events of February 15. On that day, crude oil soared to its highest level in 13 months. And, according to the swath of mainstream news reports, the single biggest catalyst for oil s rally was the monster winter storms that ripped through the Gulf of Mexico over the weekend of February 13-14. ....

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