Category Archives: TSX Index

Death Cross for the TSX Index

Leave a reply
50 Day moving average crosses below 200 Day moving average
Weekly candlestick chart for the TSX Index showing the 50 day moving average crossing below the 200 day moving average. This is called a death cross. Yes, the TSX has a negative technical profile.

TSX Weekly Chart courtesy of StockCharts.com

The above chart identifies support zones for the TSX. What more can I say about the chart: the TSX has a negative technical profile.

Reference the last chart analysis for the TSX Index.

______________________________

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.

© 2013 TradeOnline.ca

Should you invest in the TSX?

Leave a reply
TSX Index could not hold the old trading range
TSX Index daily candlestick chart showing the near-term downtrend. A shooting star candlestick is identified on the chart.

TSX Index Daily Chart courtesy of StockCharts.com

The TSX Index could not hold support of 12,600 in the old lateral trading range. Will the near-term downtrend stop at the support level of 12,300? If not, the TSX will move down to the support level of 12,000.

Should you invest in the TSX? The above chart is your answer. Now take a look at another chart.

Reference the last chart analysis for the TSX Index.

Relevant articles picked from the Web:

______________________________

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.

© 2013 TradeOnline.ca

TSX Index YTD performance

Leave a reply
Chart compares TSX Index to S&P 500 Index
TSX Index chart showing the YTD performance compared to the s&P 500.

TSX Index and S&P 500 Index YTD courtesy of StockCharts.com

Reference the last chart analysis for the TSX Index.

Reference the last chart analysis for the S&P 500 Index.

______________________________

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.

© 2013 TradeOnline.ca

TSX Index chart showing resistance at 12,900

Leave a reply
TSX Index has moved into the old lateral trading range
TSX Index chart analysis showing the near-term uptrend and resistance at 12,900 with support at 12,600.

TSX Index Candlestick Chart

TSX Index chart analysis showing the near-term uptrend and resistance at 12,900 with support at 12,600. The most important points from this chart are the old lateral trading range and the major resistance level of 12,900. Can the TSX break 12,900 before the S&P 500 corrects? There was a feeble attempt on May 22 represented by the shooting star candlestick and a bounce off support the next day. Overall, the TSX index has a weak technical profile.

Reference the last chart analysis for the TSX Index.

______________________________

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.

© 2013 TradeOnline.ca

TSX Index YTD sector performance

Leave a reply
TSX up 1.44% YTD and Materials down 25.37%
Chart showing the YTD performance of the TSX Index highlighting the financial, energy and materials sectors

TSX Index YTD Performance courtesy of StockCharts.com

Financials (XFN ETF), Energy (XEG ETF) and Materials (XMA ETF) represent approximately 75% of the TSX Index.

Compare this chart for the TSX Index to the chart for the S&P 500 Index.

______________________________

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.

© 2013 TradeOnline.ca

TSX Index technical analysis

Leave a reply
Near-term uptrend for TSX with resistance at 12,600
TSX chart showing the near-term uptrend with resistance at 12,600.

TSX Index Daily Chart courtesy of StockCharts.com

Reference the last chart analysis for the TSX Index.

______________________________

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.

© 2013 TradeOnline.ca

TSX Index weekly chart

Leave a reply
Yes, the TSX Index index is struggling
A three year weekly candlestick chart for the TSX Index showing support around 12,000 and a major lateral trading range.

TSX Index 3-year Weekly Chart

A dismal chart showing the major lateral trading range with support at 12,000 and major resistance at 12,500.

Reference the last chart analysis for the TSX Index.

Relevant articles picked from the Web:

______________________________

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.

© 2013 TradeOnline.ca

Bullish white candlestick for the TSX Index

Leave a reply
Reference the resistance levels for the TSX Index
TSX Index chart analysis showing a bullish white candlestick with resistance at 12,500.

TSX Index Daily Candlestick Chart

Reference the last chart analysis for the TSX Index showing the support zone. It held the support zone right around the 200 day simple moving average. Today, there was movement into the energy and materials stocks which is represented by the tall white candlestick. One day does not make an uptrend and there will be heavy resistance at 12,500.

Relevant articles picked from the Web:

______________________________

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.

© 2013 TradeOnline.ca