Category Archives: U.S. Indexes

Gold 3-year weekly chart

Break for gold below support of 1200
Gold chart showing the break below major support of 1200

Gold 3-Year Weekly Chart

The technical negatives for gold:

  • Major,intermediate and near-term downtrends
  • Trading below the 200-day and 50-day moving averages
  • Break below major support of 1200

Why? I usually leave this to the talking heads.

  • Rise in the US$
  • Rise in interest rates as per the 10-Year US Treasury
  • The Fed will raise interest rates sooner then later
  • No perceived need for a safe haven play at the present time

Reference the last chart analysis for gold.

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“We are all students of the market.”

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

% of stocks above the 200-Day Moving Average

47.20% of TSX stocks above the 200-day moving average
Percent of stocks avove the 200-day moving average for the TSX and the S&P 500

Three Year Chart

Reference the last chart published on December 21, 2014.

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“We are all students of the market.”

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

Chart showing the ratio of WTI to Brent

Price of WTI closed today at 81% of Brent
Chart showing the ratio of  WTI to Brent

WTI/Brent 3-Year Chart

Reference the last chart for WTI/Brent

Oil retreats as rising U.S. inventories continue to weigh

______________________________

“We are all students of the market.”

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

Chart showing the ratio of WTI to Brent

Price of WTI closed today at 84% of Brent
Chart showing the ratio of WTI to Brent

WTI/Brent 3-Year Chart

______________________________

“We are all students of the market.”

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

Copper chart analysis

Intermediate trend is down for copper
Intermediate trend is down for copper.

Copper 6-Month Daily Chart

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Major trend is down for copper
Major trend is down for copper

Copper 3-Year Wekly Chart

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“We are all students of the market.”

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

Natural gas production and rig count

Will the same inverse relationship hold for WTI crude oil?

Chart showing the relationship between natural gas production and rig count.

This Chart Shows Why the Number of Oil Rigs May Not Matter Anymore.

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“We are all students of the market.”

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

S&P 500 chart analysis

Can the S&P 500 Index hold the 200-Day simple moving average?
S&P 500 chart showing the major uptrend and the support zone it breaks below the 200-day moving average.

S&P 500 3-Year Weekly Chart

The major trend is still up for the S&P 500 index.

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

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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

Brent Crude chart analysis

6.83% pop for Brent on Friday to close above 50
Brent Crude closed above 50 on Friday.  The key question? Can it hold above 50.

Brent Crude Daily Candlestick Chart

The key points from the above chart for Brent:

  • The major trend is down
  • The intermediate trend is down
  • The near-term trend is sideways
  • 50 was a key resistance point for Brent
  • Brent needs to hold above 50 for a couple of days
  • If Brent holds above 50, this will be the support reference point

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And the view from the weekly chart for Brent
Three year weekly chart for Brent showing the close above 50.

Brent Crude 3-Year Weekly Chart

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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