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The recent steep rally in Copper has produced top extensions at both weekly and daily scales: These have the usual meaning of a top extension - the upmove will end or stall hereabouts and a drop now becomes possible. 'Spike'…

Gold futures made a daily-scale bottom extension on Friday, after almost 4 months of weakness: As I write it looks as though there will be another extension today, as prices have fallen a bit more but the conclusion remains the same - cover…

Energy prices pushed higher, taking them above the weekly-scale compressions reported in the last edition. This would be just a curiosity to note until we see the prices at the end of the week but this sudden spurt has produced…

China first. We have been long-term bulls since our May 8th edition (which might be worth re-reading) in which we reported a monthly-scale signal that was pointing higher. That bullish signal will continue to be 'in date' until end 2022 but…

Apologies for our absence in recent days but we have been without internet despite our move to new premises being scheduled well in advance. We now have a temporary fix, which should mean that we don't miss reporting any more signals.…

There have been a couple of top extensions in crop commodity markets and a break down from compressions in energy. These are both potentially bearish developments but there is nothing to see in the indices, only these scattered signals in…

There have been a couple of tops in equity indices but not in any major market - only India and New Zealand (so far): These signals from outside the main capital markets usually don't mean much for the rest of…

Stocks continue to drop, making new lows for the move on Monday. There is nothing new to say except to remind you that the top extensions that we warned of in US equity indices at the end of August were…