Author Archives: Trader

West Texas Intermediate (WTI) weekly chart

Intermediate downtrend for WTI and Brent

WTI and Brent 3-Year weekly chart showing the differential and support levels.

WTI and Brent 3-Year Weekly Chart

For historical data and commentary, reference my chart analysis for WTI and Brent published February 5, 2013.

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“Keep it Simple!”

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.

Technical Analysis: S&P 500 daily chart

150-day simple moving average defines the trendlline

The 150 day simple moving average defines the trendline for the S&P 500

S&P 500 2-year Daily Chart

And the line in the sand is the 200-day moving average. Reference the last chart analysis for the S&P 500.

The important point from this chart is that the major trend is up. Always trade in the direction of the trend until the chart indicates a reversal.

______________________________

“Keep it Simple!”

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.

TSX sector performance over the past month

The culprits: Energy and Materials

TSX sector performance for the past month showing the sell off in energy and materials.

TSX Sector Performance for the Past Month

Reference the components for each of the sectors.

______________________________

“Keep it Simple!”

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.

Canadian market ytd sector performance

+8.36% ytd return for the TSX Index

Canadian market ytd sector performance.

TSX Index YTD Sector Performance

______________________________

“Keep it Simple!”

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.

S&P 500 ytd sector performance

+5.29% ytd return for the S&P 500

S&P 500 ytd sector performance_2014-10-02

______________________________

“Keep it Simple!”

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.

S&P 500 weekly chart showing critical support level

Line in the sand for S&P 500 is 1900

Chart for the S&P 500 showing the critical support level at the 200 day moving average.

S&P 500 3-Year Weekly Chart

______________________________

“Keep it Simple!”

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.

Molson Coors 5-Year Chart

Positive article in Barron’s for Molson Coors: $100?

Molson Coors should get a pop from the Barron's article

Molson Coors 5-Year Chart

Always trade in the direction of the prevailing trend. There are three trends: major trend, intermediate trend, and near-term trend. Yes, the stock maybe a little overbought but better than trying to trade an oversold dog.

Reference the Barron’s article: Gains Are on Tap at Molson Coors

______________________________

“Keep it Simple!”

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.