This is the sister report to my 15 Jan 2015 report “How Wall Street Misses.” In that report I updated the long standing inability of Wall Street to forecast crude oil prices. The tools of fundamental analysis have yielded notoriously bad energy price forecasts since Wall Street began coveringpetroleum prices. This is an on-going scandal that has been hiding in plain view. In this report I summarize some of my recent multi-year price forecasts in the petroleum complex, using the tools of technical analysis. THe results have been dramatically different than the laughable results out of fundamental analysis.
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