Category Archives: Commodities

This is a crude story

Here is the chart for crude oil. The drop off the cliff this month is one factor destabilizing the stock markets. The price jumped yesterday (helped by the Trump announcement) but still a long way to go. Times like this present some serious buying opportunities for beaten down oil stocks. There will be consolidations in the oil sector.This is a daily chart showing the price of West Texas Intermediate

_____________________________

Technical Analysis is about identifying the 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.

© 2020 TradeOnline.ca InvestOnline.ca

Copper at major support

______________________________

Technical Analysis is about identifying the 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.

Copper nearing major support

Copper weekly chart showing major support

______________________________

Technical Analysis is about identifying the 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.

Major breakout for gold or is $1400 major resistance?

This could be a major breakout for gold.

______________________________

Technical Analysis is about identifying the 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.

© 2019 TradeOnline.ca InvestOnline.ca

WTI testing support at $60 in the near-term consolidation zone

Intermediate trend is up and trading above the 50-day and 200-day moving averages. The bias is still to the upside.

Chart for WTI showing the intermediate uptrend.

Reference my post from December 28, 2018 as WTI tested major support.

______________________________

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.

© 2019 TradeOnline.ca InvestOnline.ca

Palladium is overbought and is due for consolidation or a correction

Major uptrend continues for palladium.

______________________________

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.

© 2019 TradeOnline.ca InvestOnline.ca

Palladium is now more expensive than gold

What a run! Will it continue? There will be near-term profit taking and then another entry point.

Palladium chart showing the major uptrend

https://www.barrons.com/articles/palladium-prices-51547753272

______________________________

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.

© 2019 TradeOnline.ca InvestOnline.ca