Category Archives: TSX Index

Percent of TSX stocks above the 200-day average

The following weekly chart goes back to 2011 and shows the percent of TSX stock above the 200-day moving average.  To sustain a bull market, the percent needs to be above 50%  and trending up or consolidating. At the present time, this indicator looks good.

Weekly chart going back to 20111 showing the percent of TSX stocks above the 200 day moving average

TSX Index Weekly Chart

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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.

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TSX Index rallies from support at 15,400

TSX Index Daily Chart

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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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TSX Index closes below the 15,400 support level

The TSX Index is trading below the 20-day simple moving average and the 50-day simple moving average. On the plus side, it is still above the 200-day moving average. The major trend is up, the intermediate trend is up and the near-term trend is down. RSI is trading below 50 and MACD has crossed the center line. In summary, the near-term picture is negative and I will monitor the chart closely for any further breakdown. The oil sector is the major drag for the TSX Index but financials will incur selling pressure if the oil stocks continue to selloff.

Chart showing the break below the support level of 15,400 for the TSX Index.

TSX Index Daily Chart

Reference my last chart analysis for the TSX Index.

______________________________

“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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TSX Index failed to hold the breakout to all-time highs

Wide angle view of the TSX Index with the weekly chart
TSX Index 3-Year Weekly Chart

TSX Index 3-Year Weekly Chart

Reference the last chart analysis for the TSX Index.

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More focused view of the TSX Index with the daily chart

TSX Index 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

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

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TSX Index at a new record high

TSX Index at a new record high

TSX Index Weekly chart

Reference the last chart analysis for the TSX Index.

______________________________

“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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TSX Index struggling at major resistance zone

TSX Line Chart 2005-2017

Reference the last chart analysis showing the resistance zone.

______________________________

“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

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TSX Index up 17.51% in 2016

Materials sector up 39.00% in 2016
TSX (Canadian) Index showing the sector performance for 2016.

TSX Index Sector Performance in 2016

Compare this chart to the performance in 2015.

______________________________

“Technical Analysis is about 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.

© 2016 TradeOnline.ca

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