HEDLines – Archive

There was a top extension in US T-Bond futures yesterday, meaning that we would now sell short. Earlier today we issued a recommendation to exit remaining long positions, remarking that there was no current reason to sell short. A data…

Nat gas futures have continued to compress each day since Wednesday’s edition and have yet to break. We are only thinking about buying this market on an upward break, not selling it short if the break turns out to be…

Two important US equity indices made daily-scale compression signals yesterday and appear to be breaking down today. Because there is an important announcement due from the FOMC in an hour, it is unwise to anticipate a break until nearer the…

Last week we reported a weekly-scale compression in the NYSE Composite Index, which had already made a similar signal 4 weeks before. This index ended the week with yet another one of these signals, showing that a lot of pressure…

The Swiss Franc experienced large volatility when their central bank abruptly withdrew the FX intervention that was keeping the franc down. The large one-day rise that ensued. along with the equivalent one-day drop in the Swiss equity index, provoked extension…

Comex gold futures made a daily-scale bottom extension yesterday so we advise that you buy some now.

The New York stock exchange composite index compressed last week, at a weekly scale. This is the second of these important signals in the last six weeks and it is unlikely that there will be many more – this index…

There was a bottom extension in sugar futures yesterday, as reported in the AlphaMail, so we advised covering the remaining half short position. There were also bottom extensions in Coffee futures, which is quite surprising as there is little in…

We have pointed out some top extensions lately in equity indices and now we are seeing a few more. There are also some compressions and all this seems to point down, for at least a dip. First the extensions: There…

There have been new signals in commodities. WTI crude oil made a compression and pushed down below it, probably opening up a new ‘leg’ down or at least a re-visit of the low prices set at the end of January.…