Fixed income
There has been an important critical point on a weekly time-scale for European Bunds. A compression signal a few weeks ago was followed by an upward move in price. From such a critical point it is common for markets to develop a new strong trend. The direction of this new trend is less certain (please read 'Understanding ChaosMonitor signals'). Currently the more likely scenario is that it shall continue in its initial direction (up).
US debt does not offer such a strongly long-term bullish signal (on price), but it is likely to benefit as well, should the rally in Bunds take place. It is important to note that this is a long-term signal with several months horizon, there will be many other market opportunities on a shorter time-scale in the meantime.
Commodities
S&P GSCI Commodity Index has shown a cluster of bottom extension signals. These indicate that current down trend is becoming unsustainable. Given 4 hour time-scale, the index is expected to range-trade (or rebound) for 3-4 trading days at least. Note: S&P GSCI index is composed of mostly energy futures (about 70%).
Equities
There are no recent long-term critical point signals for equities asset class. We should expect general equities weakness in the months ahead, given strong probability of the fixed income rally mentioned above. On the daily time-scale currently there is a number of mixed signals from Asian and European equity indices. There has been several intra-day trading opportunities during past few days that we cover in our "intraday alerts" email newsletter and Intraday section of this blog.
There has been an important critical point on a weekly time-scale for European Bunds. A compression signal a few weeks ago was followed by an upward move in price. From such a critical point it is common for markets to develop a new strong trend. The direction of this new trend is less certain (please read 'Understanding ChaosMonitor signals'). Currently the more likely scenario is that it shall continue in its initial direction (up).
US debt does not offer such a strongly long-term bullish signal (on price), but it is likely to benefit as well, should the rally in Bunds take place. It is important to note that this is a long-term signal with several months horizon, there will be many other market opportunities on a shorter time-scale in the meantime.
Commodities
S&P GSCI Commodity Index has shown a cluster of bottom extension signals. These indicate that current down trend is becoming unsustainable. Given 4 hour time-scale, the index is expected to range-trade (or rebound) for 3-4 trading days at least. Note: S&P GSCI index is composed of mostly energy futures (about 70%).
Equities
There are no recent long-term critical point signals for equities asset class. We should expect general equities weakness in the months ahead, given strong probability of the fixed income rally mentioned above. On the daily time-scale currently there is a number of mixed signals from Asian and European equity indices. There has been several intra-day trading opportunities during past few days that we cover in our "intraday alerts" email newsletter and Intraday section of this blog.
= large price move next
or 
= this price move ends