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In the last 24 hours, compression signals have arisen at a daily scale in US Stocks and Ten-year note and also in Gold and the $ index. Prices for all of these have been snaking sideways, which is the most…

It has mystified some people why the Chinese stock market has been stuck in a trading range for the last five years despite China’s well-publicised heroic economic growth rates. Setting aside any questions about the accuracy of those numbers, this probably…

US equities have mostly pushed higher from the compressions we reported in the last edition – see first chart below. The S&P, Dow and Nasdaq have all made new rally highs since the trough of March and this has been a…

The violent movements in stock markets have resulted in a series of compressions in US indices: and one in Japan: This may surprise some readers, as the usual conditions for compression signals are quiet sideways trading in ranges. Such conditions…

Apologies for radio silence last week – the extra internet demand in our area of rural England broke our connection for a few days. Fortunately there has been no change in view – if there had been we would have…

There have been a number of signals in markets in the last few days that indicate a turning point is imminent. First, the dollar index where we are seeing an intra-day extension (meaning the day isn’t over yet). Sell longs…

The drop in stocks since the brief rally high on Tuesday the 3rd has taken many indices to new lows for the move. The weekly-scale top extensions that occurred in late January will remain the dominant feature of our analysis…

There have been daily scale extensions in the $ index, which is a clear signal to cover $ shorts advised in the February 11th edition and to go long. Here is a chart update: All signals courtesy of software supplied…

The tendency for industrial commodities and agricultural commodities to move in different directions has just re-confirmed. Sugar has made both daily and weekly scale top extensions, while Natural gas has made bottoms. Both have since started to reverse, so these…

The US$ has been rising all year, since a low point made on the last day of 2019. Now the rise has led to top extension in the $ index and a bottom extension in the Euro vs $ pair,…