Rising wheat prices! (“Because of Ukraine.”)
Rising oil prices! (“Because of OPEC.”)
Soon you’ll hear:
With Rising natural gas prices! (“Because of winter.”)
Or
Falling natural gas prices! (“Because of pressure to move to natural energy.”)
Wherever commodity prices go, here come the so-called explanations. We call them the :explanations du jour.”
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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.