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Globe editors have posted this research report with permission from Charles Nenner Research. This should not be construed as an endorsement of the report's recommendations. For more on the Globe's disclaimers, please read here. The following is excerpted from their research. Read below for an introduction to Charles Nenner Research (CNR), including their methodology and areas of focus.
According to cycles, crude oil, which has seen a dramatic decline in prices over the last several months, will rise longer term. The same cycles that predicted the rise and fall of oil prices in 2014-15 also called the top around $148 – and the $100 drop in the following six months - over 6 years ago.
The Charles Nenner Research Center provides unique, independent global macro research to a wide range of clients. It is based on cycle and target analysis, developed by Dr. Charles Nenner. He used it for over a decade while at Goldman Sachs, prior to opening his own company in 2001.
These cycles and price targets are calculated under the proprietary algorithm, analyzing patterns in any data series for the global macro areas that are traded worldwide – stocks, bonds, commodities, currencies, and economic indicators. Daily, weekly, monthly, quarterly and yearly patterns are analyzed for all traded symbols.
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