Author Archives: Trader

Teck Resources (TCK.B:TSX) candlestick chart analysis

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Bullish engulfing pattern on the daily chart
Teck Resources candlestick chart analysis showing a bullish engulfing pattern on the daily chart.

Teck Resources (TCK.B:TSX) Daily chart

Positive move for Teck Resources even as the price of copper reached new lows.

Teck has good support in the $30.00 zone.

Relevant articles picked from the Web:

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Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

TSX Index chart analysis

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TSX Index support and resistance levels
Chart analysis of the TSX Index using the daily bar chart. Support and resistance levels are identified on this one year chart.

TSX Index Bar chart

Reference the last chart analysis of the TSX Index using the weekly candlestick chart.

Relevant articles picked from the Web:

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Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

Technical Analysis: Dow Jones Industrial Average

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The support level for the DOW is 12,200
Technical analysis of Dow Jones Industrial Average showing support and resistance levels

DJIA Daily Bar Chart

The major trend is up, the intermediate trend is sideways, and the near-term trend is down. The RSI shows that the Dow is currently oversold and maybe due for a bounce. Can a bounce translate into a new near-term uptrend? The support and resistance levels are identified on the above chart.

Reference the last trendline chart analysis for the DOW.

Reference the chart analysis for the Dow Jones Industrial Average posted on April 6, 2012 showing the projected retracement zone.

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Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

Technical Analysis: VIX – CBOE Volatility Index

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Showing some fear: VIX breaks above 20
Chart analysis of the the VIX showing the break above 20 with a bullish shaven head candlestick.

VIX Weekly Canlestick Chart

VIX closed above the resistance level of 20 (now support) on a bullish shaven head candlestick.

Reference the previous chart analysis for CBOE Volatility Index — VIX.

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Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

Copper breaks below the lateral trading band

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Near-term trend is down for copper
Chart analysis of copper showing support and resistance levels

One Year Copper Chart

Reference the previous chart analysis of copper.

View Kitco for updated charts and other time periods.

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Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

Technical Analysis: TSX Index candlestick chart

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TSX closed below support of 12,000
TSX Index closes below support of 12,000. The reversal of roles is an important concept in technical analysis. New resistance level is 12,000

TSX Index Weekly Candlestick Chart

TSX Index still has a negative technical profile: nothing new in this statement. The intermediate trend is down and the near-term trend is down. The index closed below the support level of 12,000 which is now the resistance level. The above candlestick chart is a graphical representation of the negative sentiment plaguing the index. A picture is worth thousand words.

Reference last weeks chart analysis for the TSX Index.

Relevant articles picked from the Web:

______________________________

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

VIX – CBOE Volatility Index – chart analysis

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VIX - CBOE Volatility Index - chart analysis showing the support and resistance levels.

VIX Weekly Chart

This is a key indicator that I monitor daily.

A good overview of the VIX From Wikipedia.

Reference the last chart analysis for the VIX.

______________________________

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

Technical analysis of copper

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Copper maintains the lateral trading band
Copper chart analysis showing the lateral trading band.

One Year Chart of Copper

Reference the last chart analysis for copper.

View Kitco for updated charts and other time periods.

Relevant articles picked from the Web:

______________________________

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca