Nov 202014
 
Can the TSX Index hold above major resistance of 15000?
TSX Index daily chart showing the tentative break above major resistance of 15000.

TSX Index 6-Month Daily Chart Courtesy of StockCharts.com

Reference the candlestick chart published on October 16 showing the hammer on the weekly chart and the bullish engulfing pattern on the daily chart which indicated the bottom for the TSX Index.

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View from the weekly chart for the TSX Index
TSX Index weekly chart showing the breakout above 15000.

TSX Index 3-Year Weekly Chart

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“Keep it Simple!”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

Nov 102014
 
Down together but divergence in the recovery

Percent of stocks in the TSX Index and the S&P 500 Index above the 200-day moving average.

Percent of stocks in the TSX Index and the S&P 500 Index above the 200-day moving average.

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“Keep it Simple!”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

Nov 062014
 
+6.91 gain for the TSX Index: energy and materials underperform
TSX Index ytd performance showing the 6.91% ytd gain and the drag on the index of materials and energy.

TSX Index YTD Performance by Sector

TSX Index ytd performance showing the 6.91% ytd gain and the drag on the index by materials and energy.

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“It is all about probabilities”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2014 TradeOnline.ca

Nov 022014
 
Percent of stocks above 200 day moving average for the TSX and the S&P 500.

3-Year Weekly Chart

Percent of stocks above 200 day moving average for the TSX and the S&P 500.

Reference the last chart for the percent of stocks above the 200 day moving average.

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“Keep it Simple!”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

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