Monthly Archives: June 2018

West Texas Intermediate testing major resistance

There is a high probability that WTI will break above the May high of $$72.90. It is in the cards!

West Texas Intermediate Daily Chart

West Texas Intermediate Daily Chart

Reference my last chart analysis for black gold.

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World oil demand and supply

http://www.oilsandsmagazine.com/energy-statistics/world#consumption

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World crude oil production

What are Natural Gas Liquids – NGL

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http://www.oilsandsmagazine.com/energy-statistics/world#consumption

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“Technical Analysis is about enjoying the ride and knowing the exit”
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.
© 2018 TradeOnline.ca

 

Intermediate downtrend for gold and will test $1250

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“Technical Analysis is about enjoying the ride and knowing the exit”
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.
© 2018 TradeOnline.ca

 

All-time closing high for the TSX Index

A major breakout and a golden cross but the breakout must hold

All-time closing high for the TSX index

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“Technical Analysis is about enjoying the ride and knowing the exit”
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.
© 2018 TradeOnline.ca

Canadian dollar breaks major support

A test at $0.7300 could be in the cards

Canadain dollar breaks major support

Reference the last post for the Canadian dollar.

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“Technical Analysis is about enjoying the ride and knowing the exit”
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.
© 2018 TradeOnline.ca

Canadian dollar testing major support

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“Technical Analysis is about enjoying the ride and knowing the exit”
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.
© 2018 TradeOnline.ca

S&P 500 on track to test resistance at 2800

But, the breakout will have to hold above 2742

S&P 500 daily chart

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“Technical Analysis is about enjoying the ride and knowing the exit”
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.
© 2018 TradeOnline.ca

Fortune Minerals (FT.TO) testing major support

Trading below the 200-day moving average with a death-cross

Fortune Minerals weekly chart showing the stock testing major support.

https://www.fortuneminerals.com/investors/default.aspx

https://www.investopedia.com/terms/d/deathcross.asp

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“Technical Analysis is about enjoying the ride and knowing the exit”
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.
© 2018 TradeOnline.ca