Category Archives: Other Topics

West texas Intermediate plunges 4.81% through $47 support

There is some support around $45 but the near-term downtrend will test major support around $43

West Texas Intermediate 8-Month Daily Chart

West Texas Intermediate 8-Month Daily Chart

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“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca

Adjusted or unadjusted charts in stockcharts.com?

Stockcharts.com displays adjusted charts as a default. The data is adjusted by adding dividends back into the stock price. When a company pays a relatively high dividend, this has a dramatic impact on the weekly chart. It is my opinion that unadjusted charts should be used in technical analysis. The following three-year weekly charts for Dream Office REIT highlight the impact of using adjusted charts. What chart would you use for your chart analysis? Or, does it matter?

Dream Office REIT 3-Year Weekly adjusted chart

Dream Office REIT 3-Year Weekly adjusted chart

http://stockcharts.com/articles/mailbag/2014/11/what-is-the-difference-between-adjusted-and-unadjusted-data.html?

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The following chart uses unadjusted data and this is the chart I would use for my technical analysis

Dream Office REIT 3-Year weekly unadjusted Chart

Dream Office REIT 3-Year weekly unadjusted Chart

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“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca

Is the S&P 500 Index overvalued based on historical metrics?

chart showing the S&P 500 Index as the numerator and the U.S. GDP as the denominator.

The Barron’s article.

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“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca

Biotech sector (IBB) poised for a breakout

Biotechnology ETF (IBB) Weekly Chart

https://www.ishares.com/us/products/239699/ishares-nasdaq-biotechnology-etf

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“Technical Analysis is about putting the probabilities on your side.”

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.

© 2017 TradeOnline.ca

Have a great trading day. Any questions? Email [email protected]

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Foreigners are invested in Canadian housing

Chart shoing the mortgage debt held by Canadian Banks and the foreign debt held by Canadian banks.

https://www.bloomberg.com/news/articles/2017-02-27/foreigners-housing-bets-start-with-banks-canada-economy-watch

______________________________

“Technical Analysis is about putting the probabilities on your side.”

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.

© 2017 TradeOnline.ca

Have a great trading day. Any questions? Email [email protected]

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Global Warming

Temperature departure from the average

https://www.washingtonpost.com/news/capital-weather-gang/wp/2017/02/10/its-about-50-degrees-warmer-than-normal-near-the-north-pole/

______________________________

“Technical Analysis is about putting the probabilities on your side.”

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.

© 2017 TradeOnline.ca

I hope you enjoyed the post. Have a great trading day. Any questions? Email to [email protected]

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Gold closes above resistance of $1220

Near-term uptrend for gold as a Trump risk edge
Near-term uptrend for gold.

Gold Daily Chart

______________________________

“Technical Analysis is about putting the probabilities on your side.”

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.

© 2017 TradeOnline.ca

I hope you enjoyed the post. Have a great trading day. Any questions? Email to [email protected]

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