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Home > Commentary > Elliott Wave International > 07/26/10 - Technicals vs. Fundamentals: Which are Best When Trading Crude Oil and Natural Gas?

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07/26/10 - Technicals vs. Fundamentals: Which are Best When Trading Crude Oil and Natural Gas?

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Robert_Prechter_80x100 EWI

By EWI Editorial Staff

If "fundamentals" drive trend changes in financial markets, then shouldn't the same factors have consistent effects on prices? For example: Positive economic data should ignite a rally, while negative news should initiate decline. In the real world, though, this is hardly the case. Just read these four oil price headlines from July 22 and 23. (And get FREE access to EWI's latest energy market forecasts!) Read more.

 

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