HEDLines – Archive

Nat gas has compressed and appear to be breaking down. It has been some time since the bottom extensions and since prices have come back towards our entry we would liquidate any remaining long positions left.

There have been top extensions in German Bunds and Italian government bonds (BTPs) in the last few days and this now presents an opportunity to sell short. Prices have been trending up for a while and this is not our…

In Tuesday’s edition we warned that various commodities would probably present trading opportunities on the ‘long’ side in the near future. This was due to a bottom extension at a weekly scale in the commodity index that we follow most…

There were daily-scale top extensions in two principal US stock index futures yesterday – the S&P500 and the Nasdaq 100: We had advised selling short of the large-cap US indices (and southern Europe) in the August 15th edition, as prices …

Copper prices have been falling erratically since a pair of top extensions at the beginning of July. More recently, there have been a couple of daily-scale compressions that led to a quick down-move to the lows of the move so…

There were top extensions in ten-year note and thirty-year bond futures on Friday at a daily scale. This was mirrored by a bottom extension in the ten-year yield series which often provides ‘better’ signals as there is a long history…

Equity markets have rallied with varying degrees of strength since we reported bottom extensions in the 7th August edition. These extensions were in European indices but US markets have also bounced from support reported in the 1st August edition. Asian…

There was a bottom extension yesterday in British pound futures: We suggested buying the £ for a bounce in the July 30th edition and prices kept dropping after a brief zig-zag. We think there is a better chance of a…

British pound futures made a bottom extension yesterday at a daily scale. This is the second such signal in recent weeks, the first being in the cash FX £/$ rate on the first day of August. That one is not…

There were bottom extensions yesterday in Portuguese and Austrian equity index futures. Both these markets have suffered from worries about banking problems in the last few weeks and these signals indicate that prices have now fallen too much. A bounce…