HEDLines – Archive

We pointed out a weekly-scale compression in US ten-year notes yields in the January 22nd edition (update below) and this has yet to break. Now there has been a similar signal from the ten-year note price that indicates a break…

The equity turn derived from the long-term Dow series that was due on Wednesday this week has come and gone. The Dow made a new high for the move on that day, which was then exceeded the next day. This…

There is an equity turn due tomorrow, as reported in earlier editions. This is not the usual cluster of separate turns taken from the 100+ indices that we follow in various countries but a single turn from the Dow Jones…

The cluster of US stock market turns that was due last week on the 8th of the month appears to have marked a low point, not the high that we had expected. There has been quite directionless trading before and…

Grains are on their way down from a big rally in the middle of 2012. The rally started with weekly-scale compressions in the main three, all of which broke up in June. The end of the rally came in August…

There is a turn due tomorrow in US equities, as warned on Dec 11th . The cluster of turns that comprise this event has only a small sprinkle of components from Europe, Asia and the rest so we are curious…

The sharp rally in many stock markets yesterday, January 2nd coincides with the turn that we expect to occur either today or yesterday as reported in the 11th December edition. This also comes at the end of a confusing period…

There have been a number of top extensions in European general and sector indices in the recent past, all of which are still ‘in date’. The following four are the main examples, the first of which is made of European…

Wheat made another bottom extension yesterday, this time in the December 2013 contract and so did Corn, for the first time.   More soon but probably not before what is, I hope, a very happy Christmas! RE

There have been more top extensions in equity indices around the world in the last 24 hours as we approach today’s expected turn. These are new for Brazil and Mexico: There were repeated extensions in Japan and China – here…