HEDLines – Archive

Swiss and Belgian equity indices made bottom extensions yesterday, after falling quite hard for almost two weeks. These minor markets have often provided signals that give early warnings of a change in conditions and they are sometimes all we get…

The main energy futures contracts have been range-trading, as we wrote in the July 1st edition and the various lurches up and down have been marked by occasional compressions. The most recent drop started with compressions in crude and heating oil…

Yesterday the FTSE fell down through the compressions reported last week and that means you should now be short: US indices have also moved down below compressions lately, the most recent of which was in the Nasdaq 100 two days ago:…

CME natural gas futures have been falling lately and made a bottom extension yesterday, at a daily scale. Buy some: Elsewhere, there has been more sideways ‘churning’ in equity markets in most parts of the world and more compression signals, including…

The recent small dip-and-rally in US equities has been bounded by compressions. The ‘senior’ analysis is of weekly signals as shown in the first of these charts. The weekly compressions in many US indices that formed in late June have…

No, we haven’t become mystic hippies who trust in astrology but there is a slightly bearish case developing in US stocks that might provoke a drop. As we wrote last week, there have been new daily-scale compressions in US equities…

There has been a rally in CBoT wheat and also in corn from the multi-year low levels that were reached earlier in the summer. There has been no sign of the soya bean market wanting to follow suit but today we…

The bottom extension we reported in gold yesterday has been repeated today and joined by others in platinum and silver: These extensions are stronger evidence that this drop will end hereabouts and we would now start to buy. Platinum may…

Gold prices have been falling for two weeks and the drop has just accelerated to produce an extension. The chart shows the story over the last few months. There was a lengthy run-up in price that ended in July and August…

Much has been written elsewhere about the tight trading ranges that have formed in stocks, bonds and currencies in the last few months. This is reflected in the signals that we have been getting – most of which have been…