Author Archives: Trader

S&P 500 chart analysis

Major uptrend still in effect for the S&P 500. But how long more will it last?
S&P 500 chart analysis showing the trendline.

S&P 500 5-Year Weekly Chart

There is a high probability the S&P 500 will test the trendline which is the 200-day simple moving average.

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“The trend is your friend until it ends.”

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.

Talisman Energy chart analysis

Resistance for Talisman is $12.00
Talisman Energy chart showing the near-term uptrend with resistance at $12.00

Talisman Energy YTD Candlestick Chart

Talisman Energy reported second quarter numbers today. There was a positive reaction on the chart.

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“Three trends: up, down and sideways”

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.

Major trend is sideways for gold

Gold spot price.  Major trend is sideways

Gold 3-Year Weekly Chart

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“Yes, the trend is your friend!”

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.

Explosion Hits UN-run School in Gaza

Yes, this is appalling!!

 

Gaza - Explosion hit UN run school

 

This is my first post not related to charting or business. I monitor the charts for VIX, gold and oil for the impact of conflicts on the market. But what about the destruction wrath on the population of war torn countries. It is the innocent who are suffering in this conflict and have suffered in every other conflict in history.

U.N. Secretary-General Ban Ki-moon says he is “appalled.” U.N. officials cannot yet verify it was an Israeli shell that hit the school. But they say Israel had been given the “precise coordinates” of the location of the building…………….

Encana chart analysis

Support level and buying opportunity for Encana?
Support level for Encana is $23.00

Encana 3-Year Chart

Visit the Encana website to review the fundamentals for this company.

Encana’s operating profit falls 31 percent – July 24, 2014

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“An opportunity has a time frame”

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 sector performance

Industrials led the Canadian market last week
Canadian stock sector performance for the last week showing that industrials led the market.

Canadian Sector Performance

Reference the constituents for the Industrials sector.

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“Charting is all about assessing 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.

West Texas Intermediate Crude daily chart

Testing the support level of 99 on the daily chart
West Texas Intermediate testing the support level of 99 on the daily chart.

West Texas Intermediate 6 Month Daily Chart

Reference the last chart analysis for WTIC.

______________________________

“Charting is all about assessing 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.

Eldorado Gold chart analysis

Near-term uptrend for Eldorado Gold
Chart analysis for Eldorado Gold showing the breakout.

Eldoroda Gold (ELD:TSX) 1 Year Chart

Eldorado Gold must hold above the breakout of $8.25 for a chance at the the next resistance point of $10.00.

Reference the last chart analysis for the materials sector.

Update: July 31, 2014Eldorado Gold reports in-line quarterly earnings

______________________________

“Yes, the trend is your friend!”

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.