Nov 062014
 
Breakout on daily chart on heavy volume for UNG
Breakout for the United States Natural Gas Fund (UNG) on heavy volume

UNG Daily Chart

Breakout for the United States Natural Gas Fund (UNG) on heavy volume.

Contrast this chart with the one for West Texas Intermediate……………..

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View from the weekly chart showing the resistance levels
Weekly chart for U.S. Natural Gas Fund ETF showing the breakout and the resistance levels.

UNG Weekly Chart

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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
 
Near-term uptrend for Russell 2000:will test 1200 zone
Near-term uptrend for Russell 2000.  Bullish shaven head and shaven bottom candlestick for the week.  Will test 1200

Russell 2000 3-year Weekly Chart

Near-term uptrend for Russell 2000. Bullish shaven head and shaven bottom candlestick for the week. Will test 1200. Trade this one with the iShares Russell 2000 ETF.

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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

Jun 182014
 
Need a confirmed close above the March, 2008 high of 15154
Major uptrend continues for the TSX Index.

TSX Index weekly chart 2007 – 2014

The materials sector and in particular gold stocks participated in the rally today. Reference the MarketCarpet from StockCharts.com for a graphical representation of the stocks that made the move.

Reference my last chart analysis for the TSX Index.

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“Yes, the trend is your friend!”

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.

Jun 122014
 
Breakout from resistance of $105
Breakout for WTIC today from resistance of $105

West Texas Intermediate Weekly chart

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“Charting is all about assessing 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.