Author Archives: Trader

Coffee spot price weekly chart

A major downtrend for coffee would be an understatement
Major downtrend for the price of coffee over the last three years.

Coffee 3 Year Weekly Chart

The 200-day simple moving average is a good approximation of the major downtrend for coffee. Reference my recent chart analysis for copper for another commodity that has seen better times.

The relatively low spot price for coffee is definitely not reflected in the price of your daily caffeine fix at Tim Hortons.

Updated News Articles

Brazil Drought Jolts Coffee ETNs — February 3, 2014

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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.

© 2013 TradeOnline.ca

Canadian dollar candlestick chart

Maybe a bottom for the Canadian dollar at $0.9400
Three year weekly chart for the Canadian dollar showing major support at $0.9400.

Canadian dollar weekly chart courtesy of StockCharts.com

The major trend is down, the intermediate trend is down and the near-term trend is down for the Canadian dollar. It is trading below the 200-day and 50-day simple moving averages. But in all this negativity, there is a glimmer of hope—depends on your perspective—that the bottom is $0.9400. This was a support point back in October, 2011 and the hammer is an indication of a bottom. But never trade the bottom: you know the adage about never trying to catch a falling knife.

Reference the last analysis for the TSX Index and take a look at the performance of the materials sector. Then take a look at the chart for copper. The Canadian dollar can never escape the fact that it is a commodity currency.

Canada has some nice pizza restaurants and great ski hills: it is not all about copper and oil.

Reference relevant articles picked from the Web:

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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.

© 2013 TradeOnline.ca

TSX Sector Indexes YTD Performance

TSX Index up 7.74% YTD
TSX Index sector performance showing the outpeformance by financials and the underperfromance by materials

TSX Index YTD Sector Performance courtesy of StockCharts.com

Energy, Financial and Materials represent 75% of the TSX Index. The Materials sector which represents 16% of the TSX index is down 31.89% YTD. This sector is heavily weighted to gold producers and there is not a ray of light on the horizon for gold or base metals. Reference my chart analysis for copper.

In summary, with the huge underperformance by materials there is a low parbability that the TSX can break major resistance of 13,500.

Reference the sector performance for the S&P 500 Index which is a stark contrast to the TSX sector performance.

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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.

© 2013 TradeOnline.ca

Copper 3-year weekly chart analysis

Copper could test major support

Copper weekly chart showing the major downtrend, intermediate downtrend and the near-term downtrend

Copper is trading below the 200-day and 50-day moving averages. The major trend is down. The intermediate trend is down. The near-term trend is down. And copper could test the major support zone in the above weekly chart.

The TSX Index will not break resistance of 13,500 with the negative implications of this chart on the materials sector.

Reference the last chart analysis for copper.

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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.

© 2013 TradeOnline.ca

S&P 500 up 26.08% YTD

A good run for all sectors measured by ETFs
S&P 500 up 26.08% YTD and a good run for all the sectors

S&P 500 YTD Sector Performance

Reference the last analysis for the S&P 500

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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.

© 2013 TradeOnline.ca

Pizza Pizza (PZA:TO) chart analysis

The 5 year chart speaks for itself and still yields 5.93%
Pizza Pizza chart analysis based on the weekly bar chart.

Pizza Pizza 5 Year Bar Chart

Pizza Pizza Royalty Corp. Announces Third Quarter Financial Results Tuesday, November 5th, 2013

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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.

© 2013 TradeOnline.ca

Breakout for the TSX Index

Bullish white candlestick but the volume is low on the breakout
Breakout for the TSX index above resistance of 12,900.

TSX Index 3 Year Weekly Chart

Reference the last chart analysis for the TSX Index.

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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.

© 2013 TradeOnline.ca

TSX Index candlestick chart analysis

TSX Index has another shot at breaking resistance of 12,900
TSX Index chart analysis showing a bullish white candlestick today and another chance to break resistance of 12,900.

TSX Index 6 Month Daily Chart

Reference the last chart analysis for the TSX Index.

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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.

© 2013 TradeOnline.ca