WTI is attempting to hold support near $48

Major trend is up, intermediate trend is sideways and the near-term trend is down

Reference my last chart analysis for WTI published December 12,2016 when oil was attemping the breakout at major resistance of $52.

______________________________

“Technical Analysis is about putting the probabilities on your side.”

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.

© 2017 TradeOnline.ca

Have a great trading day. Any questions? Email [email protected]

Positive SSL on a transparent background

Canadian dollar testing major support around $0.7400

Canadian dollar weekly chart showing major support around $0.7400

Canadian Dollar Weekly Chart

______________________________

“Technical Analysis is about putting the probabilities on your side.”

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.

© 2017 TradeOnline.ca

Have a great trading day. Any questions? Email [email protected]

Positive SSL on a transparent background

Coal and natural gas as an electricity source

The following article and chart was published in the National post. This is an excellent article. Where is the price of thermal coal and natural gas headed for 2017?

Coal and natural gas use in electricity generation

‘Coal is in decline’ and it looks like not even Donald Trump can pull the industry’s long-term future out of the fire

______________________________

“Technical Analysis is about putting the probabilities on your side.”

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.

© 2017 TradeOnline.ca

Have a great trading day. Any questions? Email [email protected]

Positive SSL on a transparent background

British pound testing major support

The major trend is down, the intermediate trend is down and the near-term trend is down for the British pound.

Reference the last chart analysis for the British pound.

______________________________

“Technical Analysis is about putting the probabilities on your side.”

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.

© 2017 TradeOnline.ca

Have a great trading day. Any questions? Email [email protected]

Positive SSL on a transparent background

Near-term downtrend for gold

The major trend is down for gold, the intermediate trend is up and the the near-term trend is down. Support points are highlighted on the daily chart. A major geopolitical event would change this picture in a heartbeat.

Near-term downtrend for gold.

Gold Daily Chart

______________________________

“Technical Analysis is about putting the probabilities on your side.”

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.

© 2017 TradeOnline.ca

Have a great trading day. Any questions? Email [email protected]

Positive SSL on a transparent background

Dow Jones Industrial Average closes above 21,000

DJIA logarithmic chart for 1987 to 2017
DJIA Logarithmic Chart 1987 to 2017

DJIA Logarithmic Chart 1987 to 2017

______________________________

DJIA milestones storyline in the linear price scale

http://www.marketwatch.com/story/all-of-the-important-dow-milestones-in-one-chart-2016-12-28?siteid=bigcharts&dist=bigcharts

______________________________

“Technical Analysis is about putting the probabilities on your side.”

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.

© 2017 TradeOnline.ca

Have a great trading day. Any questions? Email [email protected]

Positive SSL on a transparent background

Biotech sector (IBB) poised for a breakout

Biotechnology ETF (IBB) Weekly Chart

https://www.ishares.com/us/products/239699/ishares-nasdaq-biotechnology-etf

______________________________

“Technical Analysis is about putting the probabilities on your side.”

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.

© 2017 TradeOnline.ca

Have a great trading day. Any questions? Email [email protected]radeonline.ca

Positive SSL on a transparent background