Category Archives: U.S. Indexes

S&P 500 3-Year weekly chart

Major trend is up for S&P 500
S&P 500 chart showing the major uptrend.

S&P 500 3-Year Chart

Reference the 2014 sector performance for the S&P 500

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“Always trade in the direction of the major trend”

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.

© 2015 TradeOnline.ca

WTI and Brent weekly chart

No celebrations in the oil patch

WTI and Brent weekly chart showing the break below 55 for WTI and 60 for Brent.

WTI and Brent weekly chart showing the intermediate downtrend. WTI could not hold above 55 for the year-end. Brent could not hold above 60. One can only conclude that the price of both grades is going lower unless there is a significant geopolitical event.

Reference my post from November 28, 2014: Barring a major supply disruption, Brent is heading lower

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“It is all 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.

© 2014 TradeOnline.ca

2014 sector performance for S&P 500

11.39% gain in 2014 for S&P 500 Index
Sector performance for the S&P 500 Index in 2014

S&P 500 2014 Sector Performance

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“It is all 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.

© 2014 TradeOnline.ca

Volatility Index (VIX) daily chart

A pop in the volatility index to end the year
Volatility index daily chart showing the pop to end the year.  More volatility for 2015?

VIX Daily Chart

Volatility index daily chart showing the pop to end the year. More volatility for 2015?

______________________________

“It is all 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.

© 2014 TradeOnline.ca

WTI and Brent 3-Year chart

WTI trying to hold 55. Brent trying to hold 60

WTI and Brent 3-Year chart showing the intermediate downtrend

Some points from the above chart for WTI and Brent:

  • Intermediate trend is down for above grades
  • WTI attemping to hold 55
  • Brent attempting to hold 60
  • Differential is now only $4.47

Opec leader vows not to cut oil output even if price hits $20……………

In the MEES interview, Mr Naimi said Saudi Arabia and other Gulf oil producers would be able to withstand a long period of low crude prices, largely because their production costs were so low — at only about $4-$5 a barrel.

______________________________

“It is all 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.

© 2014 TradeOnline.ca

Brent crude daily chart

Brent is still searching for a bottom!
Brent crude daily chart

Brent Crude Daily Chart

Reference the last chart analysis for Brent.

______________________________

“It is all 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.

© 2014 TradeOnline.ca

S&P 500 3-Year Weekly Chart

High probability S&P 500 will test major support of 1950
S&P 500 will test major support at the 200-Day moving average.

S&P 500 3-Year Weekly Chart

Major points from the above candlestick chart for the S&P 500 Index:

  • Major trend is up
  • Intermediate trend is up
  • Near-term trend is down
  • Tentative break below the 50 moving average
  • Tentative break below the support level of 2000
  • Major support is around 1950 which is the 200-day moving average
  • Next support zone is the October low

Bloomberg: Wildest Day in 2 Months for S&P 500 as Stock Swings Echo October

______________________________

“It is all 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.

© 2014 TradeOnline.ca

West Texas Intermediate (WTI) daily chart

WTI closes below 60 for the first time since 2009
WTI closes below 60!

WTI Daily Chart

Reference the last chart analysis for WTI.

______________________________

“It is all 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.

© 2014 TradeOnline.ca