HEDLines – Archive

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…

This appeared on our website in a timely manner but the notification system failed to send emails informing readers that we had written it. Sorry – this repeat should solve that The sell-off into Friday’s lows in stocks produced more…

The sell-off into Friday’s lows in stocks produced more bottom extensions in very many US sector indices (not shown here – we already advised buying in the last edition) and in other national indices around the world. Here are the…

The sharp weakness across the world in stocks and commodities has now produced dozens of daily-scale bottom extensions. In the US most major and minor indices have extended – these charts are up to date as of 4 hours before…

There were several bottom extension signals in equity indices yesterday. Here is a signal in the Eurostoxx and the beginnings of one in the S&P today. Please note that the S&P signal is generated only using data from the European…

Worry about the further spread of Covid-19, formerly known as the Corona Virus pushed stocks down yesterday and Gold up to a new high for the move. This was enough to produce a top extension and we would now start to…

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,…

The sharp drops in stock and commodity markets since short-lived rallies late last week have obviously been caused by fears of a runaway medical emergency emanating from China. We have been bearish of stock markets since our ‘sell’ advice in the January 17th edition and…

There have been bottom extensions in heating oil and natural gas, both of which have fallen further and faster than any of the related crude oil or gasoline markets: This has the usual meaning – we expect that the current…