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We pointed out the likelihood of more weakness in corn and the soya complex in our last edition, on June 6th. Both have fallen and now there is a bottom extension in soya meal that means the drop will probably…

Grains have traded in ranges since our April 19th edition. Here is an update to the chart published then, showing the same signals on the same weekly charts. The yellow banner makes an important point of signal interpretation: Range-bound markets will produce compression…

The various calls we have made lately in stocks, bonds and currencies have been quite short-term because: By their nature we always get more short-term signals, so we make a lot more short-term calls There are outstanding weekly and monthly…

The prolonged wrangling in Italy over whether they should have a government or not produced a number of fear-driven market flights. The usual ‘haven’ currencies all went up and so did bonds issued by governments that are more likely to…

As we wait to see the significance of today’s big turn in equity markets it is worth thinking about Italy and the possible effects if it should abandon the Euro. Since the collapse of negotiations between the antagonistic pair of…

There were a few extensions that we reported in various $ currency pairs in the April 30th edition. We remarked then that we remained bullish of the $ and that a pause in the uptrend might be all that we…

In the last few days, a Canadian equity index that we follow has been making top extensions and the upward momentum there has faltered. This is entirely normal as top extensions occur near the end of a move and the most…

Most stock market indices around the world are bumping up against the high end of their trading ranges, as we have been writing. For domestic political reasons (mostly), Mexico’s market has been falling within its own trading range and is now…

We wrote in the April 24th edition that Bonds had fallen away from compressions into new downtrends. Fresh lows for the move were made yesterday and some bottom extensions have now appeared at the shorter end: This argues that the down…

In the first of two editions on April 19th, we remarked that we expected Copper prices to fall back toward the bottom end of their large range (around $2) at some point in the future, as new supply arrives in the…