HEDLines – Archive

There were more top extensions in US indices yesterday, after the late session rally on 'no tapering, yet'. S&P futures, the NYSE composite, the OEX (S&P100) and several Dow instruments provided new signals, these Dow instruments for the second time…

The Dow and various instruments linked to it made top extensions yesterday, meaning that the current rally will stall from hereabouts. There have been a small but growing number of top extensions from around the world that we have reported…

A Chinese equity index that we follow has made a daily-scale top extension. This is the first such signal since we think a new bull market started at the end of June and is the latest evidence of some froth…

The recent burst of strength in US and European markets has pushed Nasdaq values up above the daily-scale compression reported in the 4th September edition, which gives fresh impetus to the long position already advised. The old bottom extension in…

Here is the schedule of upcoming market turns from today onward. For interpretation of these turns, see our user guide on the website or wait for us to write about them as they arrive in the newsletter. There is a…

There have been several daily scale compression signals in various stock markets lately. Here are examples from the US and Japan but the UK has also compressed, as has Canada. The Japanese market has been churning sideways since a huge…

Brent crude oil extended yesterday, showing that the recent war rally is running out of steam. Exit any longs you may have and wait. We will consider whether to try a short-side trade hereabouts but it is probable that there…

There was a bottom extension in US Dow futures last night and this will probably mark the low of the current drop. This comes at a time when the market is already in support from an old compression and we…

There was a bottom extension last night in the Indonesian equity index that we follow. The non-China, non-Japan markets of Asia have a slight tendency to move together and the last signal we had for this group was from Taiwan.…

German government bunds made a bottom extension yesterday and so did one of the US real estate investment trusts that we follow: Bunds are in the process of falling away from the bottom of a weekly-scale compression, so this new…