HEDLines – Archive

Dow futures made a daily-scale top extension on Friday. This is the first of the ‘big three’ main stock index futures to make an extension in the present rally and comes after several other similar signals reported since March 4th.…

The front month of Comex copper made a top extension on Monday this week. This contract is now ‘in delivery’ so we had ignored it – hence the late notification of this signal. The contract still trades reasonably actively, so…

Friday’s, short-lived lurch upward after stronger employment numbers in the US was enough to provoke a small cascade of further top extensions in various equity market measures, all at daily scale. In the US there were small cap and Value-line…

We have been seeing top extensions in a Taiwan equity index that we follow for the last three days which have now been joined by a US mid-cap signal. Mid-cap stocks have done particularly well in the US equity market rally…

Various cotton futures delivery months have made daily-scale bottom extensions in the last few days. Buy some.

We have been advising a bullish posture in stocks for a few weeks and a rally has developed that has taken US equity indices up and out of their recent trading range. There are now a couple of reasons to…

Much has been written about central banks’ efforts to improve economic conditions and how they are having less and less effect. It has been pointed out that each successive round of QE and other unconventional tricks has produced less improvement…

The cable rate (£/$) has dropped, extended, bounced and then compressed: This shows neatly that the life of a daily-scale extension signal is measured in only a few weeks, as the compression came 19 days after the last extension. Now…

Our advice and trades have all pointed in the same direction for about a week – to seize the moment and stand against the panic. This has meant ‘sell bonds, sell yen, sell gold, buy stocks’. The missing ingredient has…

There were a series of compressions in equity markets into the end of last year which broke downwards, leading to the weakness that has caused so much fear in 2016. These compressions were at a weekly scale and so should last for about…