- New Science in old markets -

Extra – equity market top extensions

There have been some fresh top extensions in equity indices to report to you. Canada, France and Sweden have all produced signals at a daily scale in the last few days and this confirms our bear view of equity markets on both sides of the Altantic:

Combined with the top extensions reported in the last edition in the commodity-reliant equity markets of Australia and Indonesia, these new signals show that there is a general 'rolling-over' in process in commodity and US/European equity markets.