Major uptrend for Copper

Copper chart showing the major uptrend

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Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

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Crude oil benchmarks

Crude oil benchmarks inclusing Western Canadian Select https://www.oilsandsmagazine.com/technical/western-canadian-select-wcs

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Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2020 TradeOnline.ca InvestOnline.ca

S&P 500 daily chart showing support levels

S&P 500 daily chart showing support levels.  It has already closed below the 50-day average. It is now testing the 100-day average around 3200. S&P 500 dail chart showing support levels.

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Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2020 TradeOnline.ca InvestOnline.ca

S&P 500 closes below 50-day moving average

The next support level is around 3200

S&P 500 closes below the 50-day average

___________________________

Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2020 TradeOnline.ca InvestOnline.ca

Intermediate uptrend for the Canadian dollar with major resistance at $0.7700

Chart for the Canadian dollar showing the intermediate uptrend.

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Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2020 TradeOnline.ca InvestOnline.ca

Major uptrend for the TSX Index

The 10-week moving average is crossing the 40-week moving average. I would set major support at the 16,000 level. TSX Index weekly chart showing the major uptrend

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Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2020 TradeOnline.ca InvestOnline.ca

TSX Index YTD sector performance to August 7, 2020 with energy down 43.66%

TSX Index sector performanceA

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Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2020 TradeOnline.ca InvestOnline.ca

Length of past 14 recessions

https://www.forbes.com/sites/mikepatton/2020/04/30/what-the-past-90-years-has-taught-us-about-recessions-and-stock-behavior/#105620d92ddf

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Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2020 TradeOnline.ca InvestOnline.ca