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Canadian dollar testing major support
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Author Archives: Trader
S&P 500 on track to test resistance at 2800
But, the breakout will have to hold above 2742
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“Technical Analysis is about enjoying the ride and knowing the exit”
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.
© 2018 TradeOnline.ca
Fortune Minerals (FT.TO) testing major support
Trading below the 200-day moving average with a death-cross
https://www.fortuneminerals.com/investors/default.aspx
https://www.investopedia.com/terms/d/deathcross.asp
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“Technical Analysis is about enjoying the ride and knowing the exit”
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.
© 2018 TradeOnline.ca
U.S. Home Construction iShares (ITB) testing major support of $38
https://www.ishares.com/us/products/239512/ishares-us-home-construction-etf
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“Technical Analysis is about enjoying the ride and knowing the exit”
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.
© 2018 TradeOnline.ca
Lumber at a record high
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“Technical Analysis is about enjoying the ride and knowing the exit”
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.
© 2018 TradeOnline.ca
U.S. 10-Year Treasury yield closes above 3.00%
This is a major breakout above 3.00% resistance and a seven-year high. The 3.00% level is now major support. The reversal of roles is an important concept in technical analysis.
Reference my last post on the U.S. 10-Year Treasury
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Here is the view from the longer term 6-year weekly chart
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“Technical Analysis is about enjoying the ride and knowing the exit”
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.
© 2018 TradeOnline.ca
West Texas Intermediate trading above $70
Reference my last chart analysis for WTI.
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“Technical Analysis is about putting the probabilities on your side.”
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.
© 2018 TradeOnline.ca
Another test for S&P 500 at 200-day average
The S&P 500 is holding at the 200-day average. The near-term trend is positive and I am looking for a test near the April high of 2717. A breakout above the April high would be a positive near-term signal for the S&P 500.
Here is a live 4-year weekly chart for the S&P 500 Index.
Reference my last post for the S&P 500 index.
Here was my post on the sector performance.
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