HEDLines – Archive

Grains have produced some new signals in the last few sessions. The strongest of the bunch has been wheat, which has made daily-scale top extensions. Soya beans, meal and oil have all made compressions, which may be breaking downward today…

There have been fresh top extensions at a daily-scale in several US and European equity indices. These signals come at a time when other indices are pushing up from compressions, which is when we expect new uptrends to begin. The…

There were compressions in US ten-year notes and some equity indices yesterday. The Italian index shown below is now breaking up and calls into question the short positions recommended in Italy and France on the 4th November. At least tighten…

Crude oil has fallen by over $35 since a high point in June, with no major counter-trend bounces – only a flat spot in late October as the market paused for a bit before falling to current levels. We saw…

Equity markets around the world have started to churn and diverge after the recent rally. Some are pushing at new highs, such as the most popular US indices of the Nasdaq, S&P500 and Dow industrials. Others, such as small-cap and…

One of the Chinese equity indices that we follow made a top extension in the  most recent trading session: This is only at a daily scale but it comes after a weekly-scale top extension a month ago as reported in…

World equity markets have mostly rallied since low points made in mid-October and some rallies have been fierce, as we warned could be the case in the October 16th edition of HEDlines. Prices in US indices pushed quickly above resistance…

The strong rally in many equity indices since the lows of mid October has now produced top extensions in several Nasdaq indices in the US, many sector indices too and in the Russell 1000 large-cap index: The later part of…

We advised covering shorts in US equities in the October 16th edition and re-selling short again after a rally, in the October 21st edition. We pointed out  resistance levels starting just above the prices at the time of writing, that…

We advised selling US bonds short in the October 15th edition and one day later also advised buying crude oil. Both these recommendations were based on daily-scale extension signals but both markets then generated weekly-scale extensions too: This means that…