Watch Now: The Forecasting Tool That Called Every Major Turn in Crude Oil Since 1993
In this video from Robert Prechter, you'll learn how a team of oil market analysts anticipated every major price move since 1993 -- including crude's 75% crash in 2014-2015.
- Format: Video
- Price: $49.00 FREE
Oil prices have been volatile for 18 years...
Oil prices exploded to big highs in 2000, 2006, 2008 and 2011. Each time, experts blamed supply & demand.
Oil prices plunged to deep lows in 1998, 2007, 2009 and 2016. Each time, experts (again) blamed supply & demand.
In truth, the supply/demand model failed to predict any of those dramatic turns in oil prices.
Is there a better model? Watch and see for yourself.
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Meet Your Presenter
Robert R. Prechter Founder and President, Elliott Wave International
Robert R. Prechter’s name is familiar to market observers the world over. Since founding EWI in 1979, Prechter has focused on applying and enhancing the Wave Principle, R.N. Elliott’s fractal model of financial pricing. Prechter shares his market insights in The Elliott Wave Theorist, one of the longest-running financial publications in existence today. Prechter has developed a theory of social causality called socionomics, whose main hypothesis is endogenously regulated waves of social mood prompt social actions. In other words, events don’t shape moods; moods shape events. Prechter has authored and edited several academic papers. He has written 18 books on finance and socionomics, including a New York Times bestseller.