HEDLines – Archive

A week after the top extension signal in the Dow, reported in the July 16th edition there have now been compression signals in two other US indices, the main midcap and a small-cap too: This is not surprising as these…

We warned of the imminent end to the bear market in grains in several times in Spring, culminating in the May 8th edition when we showed that three commodity indices were all making bottom extensions. Here is an update to that same…

We have been waiting for a major US index to make a top extension and that has now occurred in the Dow: The present rally has been fuelled by a re-examination of the prospects for US interest rates that are…

Stocks, bonds commodities and non-US$ currencies have all fallen in the past few days. Some were already dropping when the US employment number came out firmer than expected on Friday but all have fallen since. This is not the customary…

US equity markets have continued to rise and still have not produced any top extensions. We are waiting to see if a short-sale opportunity presents but there is no reason to attempt it yet. Those indices in other countries that…

There has been a further scattering of top extensions in equity markets, all at a daily scale: US equity markets have also risen but there have not yet been any top extensions. We still take the view that profits should…

There has been a further small rise in stock markets, as we warned was possible in the last edition. There has been similar renewed buying in bunds and grains and now we start to see top extensions. As usual, these…

Equity markets have bounced with varying degrees of enthusiasm since the last edition in which we pointed out bottom extensions in the Nasdaq and some in energy contracts too. US indices are now at (or just under) the level where we…

The sell-off in stocks has produced the first extension in a major US index as the Nasdaq made a daily-scale bottom extension yesterday – several measures extended and we show the QQQs. Several energy contracts also extended in the last…

The recent sharp rally in US Treasuries has resulted in a daily-scale top extension. This is typical of the saw-tooth pattern that seems to be developing, in which a very gradual uptrend underpins a jagged series of highs. It is…