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Stocks suddenly strengthened this week and this has pushed prices above many of the compressions that have been forming. Some examples, firstly in the FTSE, where it was reported that fund managers are quite underweight, so a rally was unsurprising:…

Both London and New York cocoa futures made bottom extensions yesterday, at a daily scale: This comes after a 10% drop in recent weeks and so it is worth buying some here for a bounce.  

Wheat has made a couple of daily-scale compressions lately and prices broke upward from these levels yesterday. We would buy some now, as this appears to be that ‘clear break’ that has been lacking in the financial markets. There is…

As reported often here, we have been seeing multiple compression signals in various financial markets and some commodities too. It is worth repeating that these are times of great danger for traders as compressions signal a complete lack of consensus…

There have been some fresh compressions in stocks since the last edition on the same subject.  These shown here are all US examples but they tell the same story – a market that is poised to move (we think upward)…

There were many new compression signals yesterday in stock and bond markets, at a daily scale. This is no surprise after last week’s new weekly-scale Nasdaq compression that we reported yesterday but it serves to illustrate that there is a…

Equity prices fell late last week as US indices bumped up against previous highs in the 18 month-long trading range and stalled. As this sideways price movement continues in America there is  a well-established shallow downtrend in the Eurostoxx index…

We have been advising that the recent rallies in grains would stall and sharp reversals occurred in the last two days of last week. There were also weekly-scale top extensions in soya beans and soya meal, which argue that the…

The ongoing grain rally has now produced a top extension in corn, to go with those already seen in Soya and cotton. Soya meal and beans (not shown here) also made further similar signals: There has been no signal in…

There were compressions in US 30-year government bond futures as reported in the April 6th edition. Prices moved up a bit and have now slipped back to the compressed levels where we expect to find support. Buy some. We have…