Author Archives: Trader

S&P 500 will test support around the 40-week moving average which translates into a 10% correction. It must stop there or I will need a more dire post.

S&P 500 3-Year Chart

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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.
© 2017 TradeOnline.ca

VIX surges today

VIX surges today

VIX Daily Chart

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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.
© 2017 TradeOnline.ca

U.S. 10-Year Treasury approaching inflection point of 3.00%

U.S. 10 Year Treasury Yield approaching inflection point of 3.00%

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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.
© 2017 TradeOnline.ca

Major uptrend for Euro with next resistance around $127.50

What a difference in a year! Around this time last year, the Euro was on its deathbed testing major support around $105.00. I published two charts on the subject this time last year. Who would have predicted this major uptrend looking at last years chart?

Major uptrend for the Euro

Euro 6-Year Weekly Bar Chart

Where is the bottom for the Euro in 2017? published January 8, 2017

Euro testing major support around 1.05 US dollar published December 8, 2016

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“What is the major tend? What is the intermediate trend? What is the near-term trend?”
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

Major uptrend for U.S. 10-Year Treasury Yield with a breakout above major resistance of 2.60 %

Reference the last chart analysis for the U.S. 10-Year Treasury Yield

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A long-term chart of the 10 Year Treasury Yield for 1962 to 2017

http://www.macrotrends.net/2016/10-year-treasury-bond-rate-yield-chart

From 1916 to early summer of 2016, the yields on 10 year U.S. treasury notes have varied widely, from a 100 year low in 2016, when the rate fell to less than 2 percent—1.71 percent in June of 2016—to a high for the same 100 year period of 14.59 percent in January 1982.

https://www.thebalance.com/historical-u-s-treasury-yield-charts-417126

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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.
© 2017 TradeOnline.ca

Chart showing the monthly average discount for WCS to WTI

Monthly average discount for WCS to WTI

http://www.oilsandsmagazine.com/energy-statistics/oil-and-gas-prices

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“What is the major tend? What is the intermediate trend? What is the near-term trend?”
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

Major uptrend for WTI with breakouts above two resistance levels of $55 and $60

Four -Year Chart for West Texas Intermediate

Reference my last chart for West Texas Intermediate when crude was about to test resistance at $60. The reversal of roles from resistance to support or support to resistance is an important concept in technical analysis.

______________________________

“What is the major tend? What is the intermediate trend? What is the near-term trend?”
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

Is this the bottom for GE?

GE weekly chart showing the bottoming process

https://www.barrons.com/articles/another-big-ge-stock-buyer-centurylink-unit-1515524629

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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.
© 2017 TradeOnline.ca