Apr 172014
 
Intermediate trend is up with major resistance at 15,000
Intermediate trend is up for the Canadian market with major resistance at the 2008 high of 15,000.  Energy sector is leading the advance.

TSX Index Logarithmic Chart 2007-2014

Intermediate trend is up for the Canadian market with major resistance at the 2008 high of 15,000. Energy sector is leading the advance.

Reference the last chart analysis for the TSX Index showing the resistance point of 14,300.

Reference the sector performance for the TSX Index.

TSX nears six-year high as energy shares extend rally.

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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.

Apr 042014
 
Canadian energy sector continues to breakout to new highs
Canadian energy sectors continues uptrend.

5-Year weekly chart for XEG

XEG – iShares S&P/TSX Capped Energy Index ETF

Oil Share Sales Surge as Keystone Worry Fades

______________________________

“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.

© 2014 TradeOnline.ca

Apr 042014
 
Energy sector continues to lead the Canadian market
Energy continues to lead the Canadian market.

TSX Sector Performance over the last week

______________________________

“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.

© 2014 TradeOnline.ca

Mar 072014
 
Can the TSX Index break major resistance of 14,300?

Chart of the TSX Index showing the intermediate uptrend with major resistance of 14,300

Reference the chart analysis today showing the sector performance.

______________________________

“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.

© 2014 TradeOnline.ca