Shooting star for the TSX Index on the weekly chart

This is a potential topping pattern for the TSX Index for the near-term uptrend. In addition, there is resistance at the 15,000 level. The TSX Index would find support at the 14,000 level.

TSX Index showing a shooting star

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Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

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West Texas Intermediate testing the bottom

WTI crude weekly chart testing the bottom

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Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2020 TradeOnline.ca InvestOnline.ca

S&P 500 sector performance for the first quarter of 2020

S&P 500 sector performance for the first quarter of 2020_____________________________

Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

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TSX Composite Index sector performance for the first quarter of 2020

TSX Index sector performance for the first quarter of 2020_____________________________

Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

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S&P 500 broke major support at 2400

The S&P 500 broke major support at 2400. I have identified a support zone on the chart. We will see what happens but the short-term trend is down.

S&P 500 broke support at 2400.  Where is the next support zone?

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S&P 500_Fibonacci retracement levels

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Fibonacci retracement levels for another perspective on the downtrend.

Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

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This is a crude story

Here is the chart for crude oil. The drop off the cliff this month is one factor destabilizing the stock markets. The price jumped yesterday (helped by the Trump announcement) but still a long way to go. Times like this present some serious buying opportunities for beaten down oil stocks. There will be consolidations in the oil sector.This is a daily chart showing the price of West Texas Intermediate

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Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2020 TradeOnline.ca InvestOnline.ca

S&P 500 testing major support around 2400

S&P 500 testing major support at 2400

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Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2020 TradeOnline.ca InvestOnline.ca

10 Year U.S. Treasury Note Yield reached an all-time low

Investors are moving to safety which bids the note up and the yield down to 1.33% 10 year treasury note yield at all-time low

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Technical Analysis is about identifying the trend

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2020 TradeOnline.ca InvestOnline.ca