Author Archives: Trader

S&P 500 Index weekly chart with the 50-day moving below the 200-day

The SP 500 Index is down around 18% from the high. It is attempting to hold support around the 50% retracement level. If it breaks the 50% retracement level, the S&P 500 will test support around 4500 and be firmly in bear territory. We can see the death cross as the 50 day is trading below the 200 day simple moving average. The overall appearance of this chart is negative.

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

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Technical Analysis is about trading with 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.

© 2025 TradeOnline.ca

TSX Index Fibonacci retracement levels for April 7, 2025

The TSX Index is trading below the 200-day simple moving average. The 50-day is above the 200-day which is a positive. It closed about 12% down from the high. It is looks better than the S&P 500 or the Nasdaq. It looks like the TSX Index is attempting to hold support around the 50% retracement level. At this stage, if you have not sold, it is recommended to hold your positions in the Canadian index. With the Trump tariffs, we have an undefined headwind. Be vigilant and adjust as needed.

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Technical Analysis is about trading with 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.

© 2025 TradeOnline.ca

Fibonacci retracement levels for Nasdaq

https://en.wikipedia.org/wiki/Fibonacci_sequence

https://www.investopedia.com/terms/f/fibonacciretracement.asp

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Technical Analysis is about trading with 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.

© 2025 TradeOnline.ca

Canadian dollar near major support

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Technical Analysis is about trading with 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.

© 2024 TradeOnline.ca