nasdaq | HED Capital Management

Nasdaq drops toward support. Nikkei just drops. Crude update.

May 11, 2021 Richard Edwards

We pointed out in the last (May 4th) edition that the Nasdaq weakness that started at the beginning of May with the downward break of a compression would find support at the level of an old compression, about 4% lower.…

Top extensions in some stock indices.

April 13, 2021 Richard Edwards

Three US indices have made top extensions at a daily scale in the last 2 trading days. This comes after a brisk rise from some compressions reported in the last edition and probably signals the imminent end of this ‘leg’…

US stocks move up from compression, FTSE too. Europe makes top. Crude compresses.

April 6, 2021 Richard Edwards

US indices are still divided. The rally of the last few days has pushed the S&P 500 and Dow to new highs in the last few days while the Mid-cap is still a little below the highs made in mid…