HEDLines – Archive

Yet another bottom extension, this time in grains as Dec Wheat made the signal last night. This is another opportunity to buy some wheat.     More soon,   Xiao Han

Yet another bottom extension in commodity, this time in grains as Dec Wheat made the signal last night. This is another opportunity to buy some wheat.     More soon,   Xiao Han

Nymex crude oil made a bottom extension at a daily-scale yesterday: Profits on current shorts should now be protected, either by covering or by writing puts. We expect that there will be another opportunity to sell short within the next…

There were more top extensions in equity indices yesterday. The German ‘2nd tier’ index and Austria both extended, as did New Zealand (see later in this edition). These warnings of failing strength in Northern European indices shows that the rally…

There were top extensions in several of the broader US indices yesterday. This comes a week after the first such signals occurred, mostly in the Nasdaq. This indicated that the rally there would stall, which it did, and now these…

There have been a number of daily-scale top extensions in European indices in the recent past and a scattering from Nasdaq indices on Tuesday last week – all reported to you. These have marked an end to the recent rally…

Here are the dates of the turns that we expect in equity and bond markets over the next few weeks. Please note that we score equity index turns from grade 1 (strongest) to grade 3 (weakest) but do not grade…

Within hours of writing about grains and cotton yesterday, cotton produced a bottom extension. This has the usual meaning – that the current drop will end at any minute and that a rebound is likely. There is always a slight…

There have been some signs of life in the grain markets lately and now there will be some more. There were a couple of compressions in Soya meal on Monday and Tuesday this week which broke upwards yesterday. Regular readers…

Nasdaq indices provided several top extensions yesterday, as did the Dow Transport index. Here is one example from the Nasdaq and the version from theTransport index: Today is a turn day in equities, as warned yesterday and this combination means…