Monthly Archives: December 2014

WTI and Brent weekly chart

No celebrations in the oil patch

WTI and Brent weekly chart showing the break below 55 for WTI and 60 for Brent.

WTI and Brent weekly chart showing the intermediate downtrend. WTI could not hold above 55 for the year-end. Brent could not hold above 60. One can only conclude that the price of both grades is going lower unless there is a significant geopolitical event.

Reference my post from November 28, 2014: Barring a major supply disruption, Brent is heading lower

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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

2014 sector performance for S&P 500

11.39% gain in 2014 for S&P 500 Index
Sector performance for the S&P 500 Index in 2014

S&P 500 2014 Sector Performance

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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

TSX Index 2014 sector performance

7.42% gain in 2014 for TSX Index
+7.42% for the TSX Index in 2014.

2014 Sector Performance for the TSX Index

If you invested in grocery stores, then you had a very good year.

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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

Volatility Index (VIX) daily chart

A pop in the volatility index to end the year
Volatility index daily chart showing the pop to end the year.  More volatility for 2015?

VIX Daily Chart

Volatility index daily chart showing the pop to end the year. More volatility for 2015?

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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

Veresen (VSN) 3-Year weekly chart

Pipelines having a good week but none better than Veresen
Veresen 3-Year candlestick chart

Veresen (VSN) 3-Year Chart

Veresen is a diversified North American energy infrastructure company that owns assets within three business segments — pipelines, midstream and power.

http://www.vereseninc.com/about-us/

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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

TSX sector performance for the past 6 days

Energy sector leading the pack

TSX sector performance over the last 6 days.  Energy sector leading the pack.

Reference the last sector performance for the Canadian market based on the ytd numbers. If I use the word “oversold” for energy then this is the reason for the year-end pop. But oil is still searching for a bottom and the smaller players will not participate in this rally. That advance will have to wait for more clarity on the direction for oil as WTI attempts to hold $55 and Brent attempts to hold $60.

______________________________

“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

Gold 3-Year weekly chart

Gold could not hold above 1200. Now major resistance. Again!
Gold weekly chart showing the break below the major support level of 1200

Gold 3-Year Weekly Chart

Major trend is down. Intermediate trend is down. Near-term trend is down. With inflation absent in major economies, it would take a significant geopolitical event to boost the price of gold.

______________________________

“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