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The sharp rally in government bonds since the latest outbreak of pessimism from the Federal Reserve has produced some top extensions, in the US but also in France: The scale of the move has been quite large and probably disproportionate…

The S&P 100 (known widely as the OEX) made a top extension yesterday: This comes right in the middle of a three-day period when we expect a big turn and we had already identified in the last edition that it…

Today is the first day of a tight cluster of turns in US equities and bonds. We wrote of this in the last edition but it is worth a bit more space here as these turns come from a different…

US Bonds continue to be pushed in several directions. We have written here before that tax cuts in anticipation of increased economic growth increases the need for issuance of Treasuries, during the wait for increased tax receipts to flow. This…

Stocks in Europe have been marching upward to a different rhythm from that in the US. Both moves began from the lows of the sell-off into late December but the prior decline had been persistent in Europe, starting from highs…

Wheat prices made bottom extensions yesterday in the front month and in the continuation series: Grain markets have been stuck for many weeks in the face of the ongoing threat of an escalation of the trade war between Trump and…

There were top extensions yesterday in both the Dow industrials and in Copper futures: This new Dow signal gives us another reason to hold on to US equity index shorts, just as prices had pushed up to the very limits…

The latest move up in US stock index futures has now pushed prices up through the resistance levels that we first identified in the January 8th edition when prices were much lower. It is still possible that the present up-move will…

One data series in FTSE futures that we follow has made a daily-scale top extension: If you are still long from our recommendation in the January 15th edition, as amended in the January 27th edition, take profits now. We are…

One of the Chinese equity indices that we follow has mad a daily-scale top extension overnight. There have been a couple of others in Asia in the last few days, including a weekly-scale version in Thailand – charts: This adds…