By Elliott Wave International
Editor’s note:
The following is a timeless clip from Robert Prechter’s presentation as the Social Mood Conference on April 5, 2014.
Bob explores price action in crude oil to deliver an important investment lesson for all of us.
This video is a prime example for how the Wave Principle can help you prepare for moves in markets of all kinds that conventional analysis misses completely. To learn more about Elliott Wave Analysis, see the link below to three free videos from Elliott Wave International, the world’s largest independent financial forecasting firm.
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Learn the Why, What and How of Elliott Wave Analysis The Elliott Wave Crash Course is a series of three FREE videos that demolishes the widely held notion that news drives the markets. Each video will provide a basis for using Elliott wave analysis in your own trading and investing decisions. |
This article was syndicated by Elliott Wave International and was originally published under the headline (Video) How — and Why — the Markets Fool Investors. EWI is the world’s largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.