Published April 8, 2025

Ten economic issues that will define the 2025 election, explained in charts – The Globe and Mail
Published April 8, 2025

Ten economic issues that will define the 2025 election, explained in charts – The Globe and Mail



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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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

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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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

https://en.wikipedia.org/wiki/Fibonacci_sequence
https://www.investopedia.com/terms/f/fibonacciretracement.asp
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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

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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

Here is a 30-year chart
