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The price of cotton has dropped away from daily scale compressions that formed in early December and the fall produced a bottom extension on Christmas Eve, as shown in the first chart. This is merely the latest ‘leg’ down from a…

In the last edition we pointed out that the worldwide weakness in socks  had produced bottom extensions at a daily scale in some of the main US indices. This led us to call for a bounce, within the shelf life of…

The recent drops in stock markets around the world have now produced bottom extensions in the main US indices. The S&P 500 and 400 MidCap futures both made signals yesterday, as did the Value Line and Russell 2000: This has the…

In the December 5th edition we pointed out that the bond rally had produced a top extension in the December futures contract, which was then the ‘front month’. We gave the usual advice when dealing with top extensions – to ‘wait…

Stock have dropped since our December 13th edition in which we pointed out some nearby overhead resistance in the European markets. The first chart below shows an update on one of those markets (Switzerland) with that resistance from a recent compression…

The US dollar has been trading in a range for many weeks and there have now been some compression signals that probably mean the range will soon break. The two principal signals are in the Euro against the $ and…

The various US stock market indices held the bottom end of their year-long range on Friday and have now rallied. This sharp drop after testing the top end of the recent narrower sub-range is typical of the market crowd’s behaviour…

We wrote in the October 16th and October 19th editions that both Coffee and Sugar were likely to dip but that the longer-term picture remained positive. They did both indeed drop and now we have some new signals to report.…

We wrote in the November 20th edition that we were watching grains to try finding a place to buy some. There have been some new developments so it is now time to try. Prices have been generally depressed, from an already low…

Stocks did a typical range-bound ‘squeeze and dump’ earlier this week, rising to a peak on optimism after the G20 meeting but rapidly falling the next day as details of a truce in the trade war proved sparse. In the Monday…