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The sell-off in various types of asset that began at the weekend has now produced some extensions. The main agricultural victims of the renewed hostilities between Presidents Trump and Xi have been Soya beans (with products) and Cotton. Both have now…

Three commodity indices that we follow have made daily-scale bottom extensions in the last few days: This comes at a time when there is thought to be an excess of supply over demand in grains and some other crops and sudden…

The two main coffee futures contracts, in NY and London have both made weekly-scale bottom extensions in the last few weeks: There have been two prior weekly signals in the NY contract (circled on the right, above) which have led…

Several soybean futures contracts made bottom extensions yesterday – here we show November. This makes a ‘full house’ of bottom signals in the major grains and we expect that the current weakness in wheat and beans will soon end. Corn…

There have been continued top extensions in US stock indices, now including one in the S&P 100: These started to occur at the time we expected a fairly large turn, so we have advised selling short. The shelf-life of these…

The turn event that was due on Friday April 19th has coincided with top extensions in the Nasdaq, Eurostoxx, Dax and some other European indices too. This is a strong combination of signals so, as we have already anticipated, this…

Equity index prices are moving higher towards the month’s biggest turn event date on Friday (see turn schedule on the front page) which argues that we will see a high point being made on or around that day. It’s a…

The Singapore equity market rallied sharply over the last eight days and has now made a daily-scale top extension. So has China, but there the signal is at a weekly scale, whereas Taiwan has continued to rally, making daily-scale top extensions…

Several US indices made daily-scale compressions at the end of last week and have since moved higher. We are always on the alert for any signal but these new ones come at a time when we have an outstanding short-sale…

Rbob gasoline futures made a top extension yesterday. This comes at a time when most energy markets have traded sideways but the price of gasoline has risen. This divergent behaviour usually reflects tightness of supply caused by bottlenecks on the refinery/distribution…