HEDLines – Archive

Coming hard on the heels of the Russell 2000 and Dow Internet index tops reported n the lat edition, now there have been a couple in energy too. Heating oil futures have been extending for three days and now WTI…

The concerns that we wrote in the last edition have not been altered by the latest rise in Equity indices. – those worries are about the many signs of ‘froth’ that we (and everyone else) see in markets, so a…

There are signs in the heavens that portend an important change of weather in the markets. We pointed out in the most recent edition that there have been weekly-scale top extensions in the equity indices of the three main Asian…

We have been long-term bulls of China and Japan since the edition of May 8th 2020. The subsequent rise has taken the values of both up by about a quarter, which we think is just the beginning (especially in China). That…

We pointed out in the November 26th edition that crude oil was pushing up from a weekly-scale compression, meaning that a new uptrend had started. Price had already moved fast enough, far enough by that date to generate daily-scale top…

The recent steep rally in Copper has produced top extensions at both weekly and daily scales: These have the usual meaning of a top extension – the upmove will end or stall hereabouts and a drop now becomes possible. ‘Spike’…