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Sugar futures made a bottom extension on Friday, at a daily scale. Natural gas has also been sliding and has made a pair of bottom extensions lately – one at a weekly scale last week and one daily version on…

Here is a rather thinly populated turn schedule. There have not been many turns expected since the end of the last schedule, published in the October 6th edition. There are a few scattered over the next few weeks but the…

Some delivery months in wheat futures  made top extensions yesterday in the sharp early run-up. Prices fell later in the session but we can only see these daily signals at the end of the day so were not able to…

We started to warn of a potential large downward move in oil prices last year after we had noticed a feedback loop in the crude oil market that was likely to implode. Oil and related energy prices have fallen fast…

Both US bond and German bund futures made top extensions on Friday, at a daily scale. This latest sign that the long-standing tendency for prices to rise/yields to fall in these important government bond markets is another chance to sell…

The picture has been mixed in equities. We last wrote in the November 25th edition that US and European equity markets would see “a period of sideways price activity or an imminent dip and that the most likely outlook was…

Grains have produced some new signals in the last few sessions. The strongest of the bunch has been wheat, which has made daily-scale top extensions. Soya beans, meal and oil have all made compressions, which may be breaking downward today…

There have been fresh top extensions at a daily-scale in several US and European equity indices. These signals come at a time when other indices are pushing up from compressions, which is when we expect new uptrends to begin. The…

There were compressions in US ten-year notes and some equity indices yesterday. The Italian index shown below is now breaking up and calls into question the short positions recommended in Italy and France on the 4th November. At least tighten…

Crude oil has fallen by over $35 since a high point in June, with no major counter-trend bounces – only a flat spot in late October as the market paused for a bit before falling to current levels. We saw…