HEDLines – Archive

Equity markets have almost all rallied in the last few sessions, pushing European indices up through those compressions reported in the 8th October edition. This has produced some follow-through strength, mostly in Europe but now the rally is already in…

US equity indices fell away from the Nasdaq compression that we have been discussing for over a week, continuing the sporadic weakness that started from the 14th September top extensions. This has been hard to trade because prices initially seemed…

The prices of various different greenhouse gas abatement certificates have fallen in the general economic gloom that pervades the world. Europe is the principal market for these instruments, since implementing the ‘cap and trade’ provisions of the Kyoto protocol with…

Last Wednesday there was a compression in a Nasdaq index that we follow that seemed to be breaking up a couple of days later – it didn’t. This came soon after another compression in Dutch stocks and now we have…

As we reported briefly yesterday, there was a bottom extension in the soya oil market at a daily scale, now here are some charts and a fuller report. The new signal is shown in the middle chart. The weakness of…

Yesterday there was a top extension at a daily scale in Natural gas futures. This has the usual meaning, that the present up-move will probable stall hereabouts. There may be a quick short trade here but this market is rising…

Turn update and more monthly signals There is a cluster of turns due in US equities today, but none that show up in any other part of the world. This is a grade 2 cluster and naturally, any turn of…

Weak economies are notoriously difficult to revive by official intervention.  They are just as difficult to restrain when running too hot as the authorities use both the brake and the accelerator* only gradually. Interest rates usually rise or fall by…

Grains have traded sideways to slightly down in the last few weeks, with wheat being the most stable and making occasional daily-scale compressions. This behaviour is entirely consistent with the possibility of a bubble in the making, although it will…

There were lots of top extensions in stocks late on Friday 14th, which was also part of a turn date which was due the 13th/14th, as reported in the July 27th edition. This comes just after yet more central bank/government…