Author Archives: Trader

Dow Jones Industrial Average 5-Year Chart

The support zone is 15,500 to 16,000
DJIA 5-Year Weekly Chart showing the support zone.

DJIA 5-Year Weekly Chart

The only positive on the chart is the bounce from the support zone. I will be pleasantly surprised if the support zone holds.

The negatives on the chart:

  • Trading below the 50-day and 200-day moving averages
  • 50-day below 200-day
  • RSI below 50
  • MACD below 0

Reference my post of January 16, 2016 showing the Fibonacci retracement levels for DJIA.

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“Technical Analysis is about probabilities.”

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.

© 2016 TradeOnline.ca

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Copper 5-year weekly chart

Major, intermediate and near-term downtrend for copper.
Copper 5-year Chart showing major downtrend

Copper 5-year Chart

The only positive on this chart is the increased probability that copper can hold $2.00.

Reference my last chart analysis for copper.

______________________________

“Technical Analysis is about probabilities.”

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.

© 2016 TradeOnline.ca

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Air Canada (AC) is a buy at this level

With a tight stop below support
Air Canada (AC) 3-Year Chart

Air Canada (AC) 3-Year Chart

Air Canada’s goal is to fully develop as a leading global airline, to be among those with the highest levels of customer experience, employee engagement and value creation for shareholders and other stakeholders. This is being pursued through the following four key strategies:

http://www.aircanada.com/en/about/investor/index.html

______________________________

“Technical Analysis is about probabilities.”

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.

© 2016 TradeOnline.ca

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Whitecap Resources daily chart

Bullish engulfing pattern on heavy volume
Whitecap Resources 6-Month Chart

Whitecap Resources 6-Month Chart

Whitecap Resources Inc. is a dividend paying,oil-weighted company focused on providing sustainable monthly dividends to its shareholders and per share growth through a combination of accretive oil-based acquisitions and organic growth on existing and acquired assets. Whitecap’s common shares are traded on the Toronto Stock Exchange under the symbol WCP.

http://wcap.ca/

______________________________

“Technical Analysis is about probabilities.”

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.

© 2016 TradeOnline.ca

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Indexes outside the U.S. in bear market territory

Vanguard FTSE all-World ex-US 4-Year Chart

Vanguard FTSE all-World ex-US 4-Year Chart

______________________________

“Technical Analysis is about probabilities.”

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.

© 2016 TradeOnline.ca

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Fibonacci retracement levels for DJIA

DJIA 5-year chart showing the fibonacci retracement levles

DJIA 5-Year Chart

Reference my post of June 24, 2015: Last correction for the Dow was in 2011

______________________________

“Technical Analysis is about probabilities.”

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.

© 2016 TradeOnline.ca

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NYSE Advance/Decline Line

You can see the break below the major trendline
NYSE Advance/Decline Line

NYSE Advance/Decline Line

http://www.investopedia.com/university/marketbreadth/marketbreadth3.asp

______________________________

“Technical Analysis is about probabilities.”

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.

© 2016 TradeOnline.ca

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China’s growth profile from 1990

China's growth profile from 1990

http://www.bloomberg.com/news/articles/2016-01-14/a-towering-chinese-debt-mountain-looms-behind-market-gyrations

______________________________

“Technical Analysis is about probabilities.”

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.

© 2016 TradeOnline.ca

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