Line in the sand for S&P 500 is 1900
S&P 500 3-Year Weekly Chart
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S&P 500 weekly chart showing critical support level
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Author Archives: Trader
Molson Coors 5-Year Chart
Positive article in Barron’s for Molson Coors: $100?
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
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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.
TSX Index: % of stocks above 200 day moving average
Correction continues for the TSX Index
TSX Composite Index 3-Year Weekly Chart
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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.
Russell 2000 candlestick chart
Critical support zone for the Russell 2000
Russell 2000 1-Year Chart
Reference my last chart analysis for the Russell 2000 published May 19, 2014. We are back to the same major test of critical support.
______________________________
“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.
Bonavista Energy (BNP) chart analysis
Bonavista Energy near major support: Low risk entry point
Bonavista Energy (BNP) 10-Year Chart
Bonavista Energy is focused on natural gas production. The yield is 6.56%. If you think there will be an upswing in the price of natural gas this winter, then this stock is a relatively safe bet. And you collect the dividend while you wait. One caveat, close the position on a confirmed break below major support.
______________________________
“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 Index 2-Year chart with the trendline
Break below the major trendline for the TSX Index
TSX Index 2-Year Daily Logarithmic Chart
15,000 is a major support level for the TSX Index.
______________________________
“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.
UUP – PowerShares DB US Dollar Index Bullish
UUP is one unleveraged way to play the rising US Dollar
UUP 4-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.
Canadian Dollar chart analysis
Canadian Dollar testing major support of $0.9100
Canadian Dollar Weekly Chart
Major trend is down for the Canadian dollar. If it cannot hold $0.9100, the next major support level is around $0.8900.
______________________________
“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.