A Potential Green Shoot In Wheat Prices?
Wheat prices recently dropped to 10-year lows – but are threatening to pull off a potentially major false breakdown. Just 12 days ago, our Chart…
Can Gold Vault Over This Key Level?
Gold has been on a tear this year, but the yellow metal is presently encountering potential resistance stemming from the 2011 highs. Following more weak…
British Stocks Say ‘Good Riddance’ To EU
U.K.’s FTSE-100 Index is in the midst of a historic run following the Brexit vote – but it is running into multi-decade resistance. The only…
Is Smart Money Holding A Record Bet On Volatility Rise?
Commercial hedgers – who are most often correctly positioned at market turns – are currently holding their largest ever net long position in VIX futures.…
A Big Victory For The “Average” Stock
An index tracking “average stock performance” just achieved an important milestone, surpassing its 2015 all-time high. In what is not our first and, apologetically, likely…
Time To Bank On Financial Stocks Again?
After failing to keep pace with the equity rally over the past 4 months, financial stocks are finally breaking some key technical resistance. Last week,…
Global Equity Rally Facing Next Big Hurdle
A key index of global equities is hitting a significant confluence of chart resistance. Back in early April, the global equity rally began to look…
Investors (Over?) Trim Their Hedges
Volume in inverse ETF’s has dropped to its 2nd lowest level in more than 5 years; have traders become too complacent? We have mentioned often…
“Drought” In Grain Prices Reaches Historic Depths
An index of grain prices just hit the lowest level in its history; is it due for a bounce or is there more pain to…
German Stocks At A Crossroads
Germany’s DAX Index is hitting a convergence of two major trendlines; its reaction here may set the tone for German stocks for some time. In…