Bears Calling For Another Top Since the S&P 500 bottomed on June 24, the calls on Twitter for an imminent peak have been frequent. At some point a true trend reversal will come, but thus far Monday’s and Tuesday’s weakness can be placed in the normal volatility category. For the record, even as the S&P […]
Technicals vs. Fundamentals: Which are Best When Trading Crude Oil and Natural Gas?
July 26, 2010 by 1 Comment
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!)
