HEDLines – Archive

There is an equity market turn due in the three-day period ending today, as published in the October 6th turn update. This comes as many indices are rallying sharply from lows made mid-way through last week on the 15th or…

The recent ‘spike’ upward in bond prices produced a signal to sell US bonds, as recommended in the last edition. German government Bunds also made a top extension, as shown here, which means that their rally has now stalled too…

There was a flurry of bottom extensions in US equity indices yesterday. Here are three examples, from the NYSE composite, S&P500 futures and an oil and gas index but there were more; all three of the main futures contracts, the…

The two principle longer-term US treasury instruments both shot up in value today and extended. Yields are the best way to examine ten-year notes and thirty-year bonds because of their long continuous history and it is these series that produced…

Friday’s late recommendation to sell short US stock indices came as a result of some daily-scale compressions in US indices breaking downward. This looks like the latest stage in a long-evolving story. The strong and persistent uptrend in US and…

For the past few days we have been generating compressions in US equities. These have broken to the downside today as shown below in the Dec Nasdaq E-mini futures. We were stopped out in our recent long trade and would…

Cocoa has some wild habits and the volatility has picked up lately, possibly because so much of it is grown in West Africa where there is a nasty virus outbreak, as you may have read elsewhere. The latest price move…

There were a lot of bottom extensions in equity indices around the world as the markets fell to the lows of last week, as reported. The most recent of those came on Wednesday the 1st October, as shown in the…

Here is the schedule of likely turn dates from now until the last week of November. It is more densely-packed than the last schedule, reflecting the greater number of turns. The main highlights are: There are a lot of  turns…

Yesterday’s early drop in stock markets produced a lot of bottom extensions in various markets around the world, including some major ones. The list now includes UK, US and Korea – all shown below – and also Austria, Mexico, Brazil,…