This chart is from a timely article in Barron’s
https://www.oilsandsmagazine.com/energy-statistics/oil-and-gas-prices
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FAANG Hangover
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Monthly Archives: November 2018
S&P 500 Index has suffered serious technical damage
The view on the weekly chart shows the index trading below the 40-week moving average. RSI and MACD are both confirming the bearish sentiment. It will test 2550 to 2600 support zone.
Reference a previous post as the S&P 500 was attempting to hold the 40-week moving average.
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“Technical Analysis is about identifying trends”
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
Major breakout for natural gas
Reference my last chart analysis for natural gas when the major and intermediate trends were sideways
https://www.oilsandsmagazine.com/energy-statistics/oil-and-gas-prices
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“Technical Analysis is about identifying trends”
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 InvestOnline.ca
Intermediate downtrend for WTI
West Texas Intermediate broke near-term support around $65. It is trading below the 200 day simple moving average and the next major test is around $55 to $57.50.
Reference the last chart analysis for WTI.
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“Technical Analysis is not TV blabber”
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
Torstar dropped 17.80% after the Q3 release
The chart tells the story
Here is the third quarter release.
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