Author Archives: Trader

S&P 500 Index chart analysis

S&P 500 holding above the upward sloping trendline
S&P 500 Index chart analysis showing the upward sloping trendline.

S&P 500 Daily Cahrt

Reference the last trendline analysis for the Dow Jones Industrial Average.

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: TSX Index candlestick chart

Can the TSX Index hold the 12,000 support level?
Candlestick chart analysis for the TSX Index showing the near-term downtrend with support at the 12,000 level.  The doji candlestick shows the stalemate between the bulls and the bears.

TSX Index Weekly Candlestick chart

Reference the last chart analysis for the TSX Index posted on April 6, 2012.

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

VIX – CBOE Volatility Index – chart analysis

Showing a little fear: Near-term uptrend for the VIX
Near-term uptrend on the weekly chart for the VIX.

VIX Weekly Chart

The resistance level for the VIX is 20.

Reference the last chart analysis for the VIX posted on March 23, 2012

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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

U.S. Treasury 10-Year Note chart analysis

Failed to hold support of 2.10%
U.S. Treasury 10-Year Note failed to hold support of 2.10% and is trading below the 200 day simple moving average.

U.S. Treasury 10-Year Note

The near-term trend is down and the intermediate trend is sideways.

The reversal of roles is an important concept in technical analysis. 2.1% was support on the last chart analysis: this level is now resistance.

Reference the last chart analysis of the U.S. Treasury 10-Year posted on March 30, 2012 showing the failure to break resistance of 2.40%.

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

Chart analysis of Copper: The near-term trend is down

There is a tentative break of the intermediate support level
The near-term trend for copper is down and the intermediate trend is sideways.  There is a tentative break of the $3.70 support level.

One Year Copper Chart

The intermediate trend for copper is sideways and the near-term trend is down. There was a tentative break of the $3.70 support level. In this case, I am using a 3% filter to confirm the break so I am looking for a close of $3.59 to move from tentative to confirmed.

Reference the last chart analysis of copper posted on March 30, 2012.

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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

DJIA Index: Breaking below the upward trendline

The trendline is now the resistance point
Daily chart of the Dow Jones Industrial Average showing the upward sloping trendline. The trendline has been broken.

DJIA Index Daily Chart

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

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

Dow Jones Industrial Average chart analysis

Projected retracement zone if the Dow fails to hold 13,000
Dow Jones Industrial Average chart analysis showing the projected retracement zone if the index cannot hold 13,000.

Dow Index Weekly Chart

Reference my last chart analysis for the Dow Jones Industrial Average.

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

TSX Index chart analysis: Negative technical profile

Near-term trend for the TSX Index is down.
TSX Index chart analysis showing support and resistance levels. The RSI has moved below 50.  Negative technical profile for the Canadian market.

TSX Index Three Year Weekly Chart

Reference the last chart analysis for the TSX Index based on the daily chart and the last chart analysis based on the weekly chart.

Key points from the above chart:

  • TSX Index has a negative technical profile
  • Moved below the 200 day simple moving average
  • Near-term trend is down
  • RSI moved below 50 which is the midpoint on a scale

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