HEDLines – Archive

There have been daily-scale compressions in several US indices – the NYSE composite, both cash S&P400 midcap and the futures contract and also in the main European ‘generic’ index, the Eurostoxx: This means that pressure is building up for a…

The Yen is regarded as a safe haven by the Japanese, who tend to flock into it when they see trouble abroad. This happened in last December/early January when there was a wave of such buying while world stock markets…

Grains have rallied sharply in the last few sessions after the scattering of bottom extension signals that we have been reporting. This new rally probably marks that end of the bear phase that has gripped many crop commodities in recent months…

The sell-off in various types of asset that began at the weekend has now produced some extensions. The main agricultural victims of the renewed hostilities between Presidents Trump and Xi have been Soya beans (with products) and Cotton. Both have now…

Three commodity indices that we follow have made daily-scale bottom extensions in the last few days: This comes at a time when there is thought to be an excess of supply over demand in grains and some other crops and sudden…

The two main coffee futures contracts, in NY and London have both made weekly-scale bottom extensions in the last few weeks: There have been two prior weekly signals in the NY contract (circled on the right, above) which have led…

Several soybean futures contracts made bottom extensions yesterday – here we show November. This makes a ‘full house’ of bottom signals in the major grains and we expect that the current weakness in wheat and beans will soon end. Corn…

There have been continued top extensions in US stock indices, now including one in the S&P 100: These started to occur at the time we expected a fairly large turn, so we have advised selling short. The shelf-life of these…

The turn event that was due on Friday April 19th has coincided with top extensions in the Nasdaq, Eurostoxx, Dax and some other European indices too. This is a strong combination of signals so, as we have already anticipated, this…

Equity index prices are moving higher towards the month’s biggest turn event date on Friday (see turn schedule on the front page) which argues that we will see a high point being made on or around that day. It’s a…