Apr 032016
 

The spigots are wide open. The major trend is down, the intermediate trend is down and the near-term trend just turned down. WTI will test major support at $35. The near-term downtrend in the U.S. dollar should be a plus for WTI but right now traders are concentrating on supply news out of the Middle East.

WTI 3-Year Weekly chart

WTI 3-Year Weekly chart

Reference my post from March, 29, 2016 showing the major downtrend defined by the 200-day moving average.

Reference my post from March 15, 2016 for the support levels below 40.

______________________________

“Technical Analysis is 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.

© 2016 TradeOnline.ca

Positive SSL on a transparent background

Feb 072016
 
NASDAQ experiencing a bad case of P/E multiple compression
Nasdaq 3-year weekly chart_2016-02-05

NASDAQ 3-Year Weekly Chart

______________________________

“Technical Analysis is 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.

© 2016 TradeOnline.ca

Positive SSL on a transparent background

Jan 102016
 
Major Support for S&P 500 on weekly chart
S&P 500 3-Year Chart

S&P 500 3-Year Chart

______________________________

Major Support for S&P 500 viewed on the daily chart
S&P 500 6-Month Daily Chart

S&P 500 6-Month Daily Chart

______________________________

Chart for the S&P 500 published on January 4
S&P 500 6-Month Daily Chart showing the 2000 support level.

S&P 500 6-Month Daily Chart

______________________________

“Technical Analysis is 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.

© 2016 TradeOnline.ca

Positive SSL on a transparent background

Dec 072015
 
TSX Index 5-Year Weekly Chart

TSX Index 5-Year Weekly Chart

______________________________

“Technical Analysis is 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.

© 2015 TradeOnline.ca

Positive SSL on a transparent background

Sep 122015
 
TSX weekly chart showing the major support and resistance levels
Major downtrend for the TSX Index

TSX Index 3-Year Weekly Chart

______________________________

Not an encouraging view form the daily chart
TSX Index below the 10-day and 20-day simple moving averages.

TSX Index 6-Month Daily Chart

______________________________

“Technical Analysis is 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.

© 2015 TradeOnline.ca

Positive SSL on a transparent background

Aug 202015
 
TSX Index will not hold major support
TSX Index weekly chart showing major support.

TSX Index 3-Year Weekly Chart

Reference the last chart analysis for the TSX Index.

______________________________

“Technical Analysis is 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.

© 2015 TradeOnline.ca

Positive SSL on a transparent background

Jul 262015
 
High probability TSX Index will test major support
TSX Index 3-year chart showing major support.

TSX Index 3-Year Weekly Chart

______________________________

“Technical Analysis is 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.

© 2015 TradeOnline.ca

Positive SSL on a transparent background

May 132015
 
RSI and MACD confirming the near-term downtrend
TSX Index is testing the major support zone.

TSX Index Daily Chart

______________________________

“Stay with the trend until it ends.”

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.

© 2015 TradeOnline.ca

Positive SSL on a transparent background