Oct 102013
 
TSX Index has another shot at breaking resistance of 12,900
TSX Index chart analysis showing a bullish white candlestick today and another chance to break resistance of 12,900.

TSX Index 6 Month Daily Chart

Reference the last chart analysis for the TSX Index.

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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.

© 2013 TradeOnline.ca

Aug 172013
 
Uptrend continues for the 10 Year Treasury Note
Intermediate uptrend for the U.S. 10 Year Treasury Note

U.S. 10 Year Treasury Note Yield Index courtesy of StockCharts.com

Reference the last chart analysis to the U.S. Treasury 10 year Note.

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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.

May 032013
 
Correction imminent for the S&P 500 Index?
S&P 500 Index Candlestick chart showing the 19.5% gain from the November low.

S&P 500 Index Candlestick Chart

The major, intermediate and near-term trends are all up. And you always trade in the direction of the trend. And the S&P 500 just broke resistance at 1,600.

But, after a +20% gain in an index or stock, I give increased probability to any reversal patterns. We are at that point now with the S&P 500 Index. And seasonal factors align with the probability of a correction. You judge the patterns and trade accordingly.

Reference the last chart analysis for the S&P 500 Index.

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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.

© 2013 TradeOnline.ca

May 032013
 
Tall white candlestick on Friday: 6.50% gain
Tall bullish white candlestick on the daily copper chart on Friday needs follow-through next week.

Copper Daily Candlestick Chart

Nice pop on Friday but there has to be follow-through next week. The intermediate trend is still down and the 20-day simple moving average is a good approximation of the intermediate downtrend.

Reference the last chart analysis on April 18, 2013 where I highlighted the hammer.

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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.

© 2013 TradeOnline.ca