HEDLines – Archive

Two new signals to report. The Dow has outpaced other US indices in the most recent ‘leg’ up and it has now just produced top extension signals at a daily scale in the cash index (not shown) and the futures.…

Gold made a daily-scale top extension early last week as reported in the June 7th edition. This was a chance to sell short if you are an aggressive trader but (as usual) we pointed out that top extensions do not…

We wrote in the May 25th edition that there was some odd divergence in China and a top extension but we made no trade suggestion. There has now been a weekly-scale top extension in Hong Kong and another daily-scale top…

The corn and wheat markets have both compressed recently, for quite a while in the case of corn. Both now appear to be breaking upward from these compressions which should lead to further strength: One word of warning – the…

The UK £ has been a bit weak against the € and the Swiss franc lately. This has now resulted in daily-scale extensions in both pairs although here we show only the £/€. There has been a good history of…

After the downgrade of China’s credit rating yesterday, there was brisk rally in Chinese stocks but with very divergent results between the ’88’ index of the most liquid ‘A’ shares that are reserved for domestic investors and the broader indices.…

There were weekly-scale compressions in several US equity indices last week. This comes as no surprise after the sharp drop-and-rebound in the second half of the week, which was the trigger for these new signals. As the 39 second video on…

There has been a rally in energy markets in the last two weeks (except in the price of Natural Gas). This has taken crude, heating oil and Rbob prices (the first two are show below) up into resistance from some…

This saying from the world of feedback studies summarises the state of the equity markets. The ‘Trump Dump’ is in progress and already the $ has dropped right back to where it was just before the coiffed buffoon was elected. The…

There is rarely much correlation between the ‘main group’ of energy futures markets (crude, Rbob, heating oil) and natural gas – in fact it often seems to move in opposition to the others. Now there seems reason to expect all…