Category Archives: U.S. Indexes

Inverse Relationship: US Dollar Index and Euro Index

US Dollar Index will test resistance of 85.00

US dollar will test resistance of $0.85

US Dollar Index Weekly Chart

Euro Index will test support of 127.50

Euro Index will test support of $127.50rt of

Euro Index Weekly Chart

From a Canadian perspective, the rising US dollar will have a negative impact on commodity prices. Not good for the base metal, gold and oil stocks.

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“Keep it Simple!”

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.

US Dollar Index Chart Analysis

Breakout for the US Dollar Index

Breakout for the US Dollar Index on the weekly chart.

US Dollar Index 3 Year Chart

http://en.wikipedia.org/wiki/Nixon_Shock

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“Keep it Simple!”

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.

CBOE Volatility (VIX) Index

What geopolitical event would it take to move the fear guage?
No reaction for the VIX to recent geopolitical events

CBOE Volatility (VIX) Index

VIX is inversely correlated to the major equity indexes. Geopolitical events are among some of the factors that can cause an upward movement in VIX. There has been no reaction to recent geopolitical events. And there are many! The known knowns are Ukraine, Gaza Strip, Iraq, Syria and Ebola. What would it take for an upward movement in the VIX. I cannot answer that question but it would be prudent to have some insurance in your portfolio. And insurance has never been so inexpensive.

Reference the last analysis for the VIX. 

______________________________

“Keep it Simple!”

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.

Intermediate downtrend for WTI

WTI will test the $92.50 support zone
Chart for WTIC showing the intermediate downtrend with support around 92.50

West Texas Intermediate 3-Year Weekly Chart

Reference the last chart analysis for West Texas Intermediate Crude

West Texas Intermediate headed for a fourth weekly drop, the longest losing streak since November, amid speculation that crude supplies are expanding as global demand slows. Brent gained in London……………..

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“Charting is all about assessing 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.

U.S. Treasury 10 Year Note Yield Chart (2010-2014)

Intermediate downtrend with support at 2.40%
U.S. Treasury 10 Year Note Yield Chart showing the intermediate downtrend with support at 2.40%.

U.S. Treasury 10 Year Note Weekly Yield Chart

Geopolitical concerns are one reason for the intermediate downtrend in the treasury yield.

______________________________

“Keep it Simple”

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.

CBOE Volatility (VIX) Index – Fear Gauge

VIX closes at 17.03 on Friday.
CBOE Volatility (VIX) Index

CBOE Volatility (VIX) Index 5-Year Weekly Chart

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“Keep it Simple!”

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.

S&P 500 chart analysis

Major uptrend still in effect for the S&P 500. But how long more will it last?
S&P 500 chart analysis showing the trendline.

S&P 500 5-Year Weekly Chart

There is a high probability the S&P 500 will test the trendline which is the 200-day simple moving average.

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“The trend is your friend until it ends.”

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.

West Texas Intermediate Crude daily chart

Testing the support level of 99 on the daily chart
West Texas Intermediate testing the support level of 99 on the daily chart.

West Texas Intermediate 6 Month Daily Chart

Reference the last chart analysis for WTIC.

______________________________

“Charting is all about assessing 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.