HEDLines – Archive

Bund futures made a daily-scale bottom extension on Thursday last week before the May-day European market holiday, as did one  Finnish market index that we follow: This drop in Bunds is the first since the beginning of European QE in…

Several compressions formed in European stock indices yesterday that broke downward today. Here are Sweden, a German midcap index and Switzerland: This has been quite a big ‘break’ so it is a little dangerous to sell the first two short…

One of the measures of the Indian stock market that we follow made a bottom extension today (overnight for most readers) and this is a reason to buy some. This is an ADR (American Depositary Receipt for those who hate…

Further to our earlier edition today, the weekly NYSE composite index compressions have now broken upward. This is a signal to buy the US equity market, probably most effectively through S&P futures. Stop levels and the appropriate profit-taking threshold will…

November soya bean futures made a daily-scale compression yesterday and may be breaking downward from that signal today. It is too early in the session to state that this is a selling opportunity in this volatile market, but if prices…

We reported that a number of commodity markets have been compressed, alongside similar compressions in stocks. Wheat is one of those commodities and the group of 4 compressions is breaking down as I write:   This comes on the day…

We have been pointing out the generally compressed condition of US stocks for many weeks. There have been daily-scale compressions that have come and gone but the over-riding signal is the set of weekly-scale compressions in the New York Stock…

There is little to report from around the world except to note that an exceptionally large number of equity indices and commodities are compressed right now, arguing for: new trends starting soon an increase in volatility, possibly as part of…

As mentioned before, we have some reasons for thinking that energy prices will not fall further. Unsurprisingly, now that prices have stayed low for three months, some are calling for even lower levels. This view is quite widely held and…

The NYSE stock exchange index has been making compressions at a weekly scale since early February, as often reported here and it just made another one last week. For the first time in this series, several other US indices also…