Category Archives: U.S. Indexes

VIX – CBOE Volatility Index – chart analysis

VIX is showing no fear: How about you?
VIX chart analysis showing the index at the bottom of the trading range.

VIX Candlestick Weekly Chart

The S&P500 Index is up 29% from the October, 2011 low and 22% from the November, 2011 retracement. When you trade stocks, you deal with probabilities. And there is an increased probability of a correction, in the range of a 50% retracement, after a 20% move in an index or a stock. You must give increased weight to any topping pattern on the charts. Yes, be a little bit cautious and maybe a little fearful. You can always count on two attributes of the market: fear and greed.

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Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

U.S. Treasury 10-year note chart analysis

Major resistance for the 10-year note is 2.40%
Near-term uptrend for the 10-year treasury with major resistance at 2.40%.  The new support level is 2.10% and the intermediate trend is sideways.

US Treasury 10-Year Yield Weekly Chart

U.S. Treasury 10-year note has been trading in an intermediate lateral band of 1.80% to 2.10% for the past six months. The reversal of roles is an important concept in technical analysis and the old resistance level of 2.1% is now the new support level. Can the index breakout above 2.4% which is a major resistance level that was tested last October? Or will the TNX ease into another lateral trading band with 2.10% as the new support level?

Reference the last chart analysis for the 10-year treasury based on the weekly chart when it was unable to break the resistance level of 2.40% last October.

“Unless you want to earn an inflation adjusted return of minus 2-3% as offered by Treasury bills, then you must take risk in some form.” Bill Gross

Relevant articles picked from the Web:

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Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

DJIA Index chart analysis

Major resistance for the DJIA Index is 12,800
Major resistance for the Dow Jones Industrial Average (DJIA) is 12,800. The bullish shaven head candlestick indicates that the index has a chance to break resistance but there has to be an increase in the weekly volume to sustain the near-term uptrend.

DJIA Three Year Weekly Chart

Major resistance for the Dow Jones Industrial Average (DJIA) is 12,800. The bullish shaven head candlestick indicates that the index has a chance to break resistance but there has to be an increase in the weekly volume to sustain the near-term uptrend.

Reference two previous charts for the DJIA:

  1. Doji candlestick represents indecision today for the DJIA — Posted Dec 27, 2011
  2. Near-term resistance is 12,300 on the weekly chart of the DJIA — Posted Dec 23, 2011

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The main purpose of TradeOnline.ca is a starting point for your own chart analysis. Technical analysis serves as a guidepost in your daily investment analysis and is used in conjunction with fundamental analysis. There is no magic formula for making profits when you trade online in the stock market. We are all students of the market, and one should never give up reviewing and learning the basics. Visit the Advanced Chart Settings and customize BigCharts so you can review different time periods.

______________________________

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2011 TradeOnline.ca

DJIA daily candlestick chart

Doji candlestick represents indecision today for the DJIA
Daily candlestick chart for the DJIA showing the near-term resistance level of 12,300.

DJIA Daily Candlestick Charty

The key points from this chart of the Dow Jones Industrial Average is the resistance level of 12,300 and major resistance of 12,800. And we have the near-term uptrend so there is a good chance that the index can break 12,300 which would then become the new support level.

Reference last Friday’s chart analysis for the Dow Jones Industrial Average based on the weekly chart.

______________________________

The main purpose of TradeOnline.ca is a starting point for your own chart analysis. Technical analysis serves as a guidepost in your daily investment analysis and is used in conjunction with fundamental analysis. There is no magic formula for making profits when you trade online in the stock market. We are all students of the market, and one should never give up reviewing and learning the basics. Visit the Advanced Chart Settings and customize BigCharts so you can review different time periods.

______________________________

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2011 TradeOnline.ca

DJIA Index weekly candlestick chart

Near-term resistance is 12,300 on the weekly chart of the DJIA
DJIA  (Dow Jones Industrial Average)  weekly candlestick chart showing a bullish engulfing candlestick pattern with resistance at 12,300.  The RSI is confirming the near-term uptrend.

Dow Jones Industrial Average

Relevant articles picked from the Web

______________________________

The main purpose of TradeOnline.ca is a starting point for your own chart analysis. Technical analysis serves as a guidepost in your daily investment analysis and is used in conjunction with fundamental analysis. There is no magic formula for making profits when you trade online in the stock market. We are all students of the market, and one should never give up reviewing and learning the basics. Visit the Advanced Chart Settings and customize BigCharts so you can review different time periods.

______________________________

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2011 TradeOnline.ca

US Bond 10-year yield candlestick chart

Support and resistance levels
Candlestick chart analysis of the US 10 year treasury note yield showing support and resistance levels

US 10 Year Treasury Note Yield

The intermediate trend is down and the near-term trend is up.

At this stage in the market, there is a direct correlation between the the major stock indexes and the 10-year treasury yield. Bearish sentiment is reflected in falling yields as investors move into the relative safety of government bonds.

Reference the last analysis for the US Bond 10 year yield.

Relevant article picked from the Web:

What is the bond market telling us? — Financial Post — Jan 12, 2012

______________________________

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2011 TradeOnline.ca

Candlestick chart analysis for the S&P 500 Index

S&P 500 Index in a lateral trading band
Candlestick chart for the S&P 500 index showing support and resistance levels.  The index is trading in a lateral tranding band.

S&P 500 Index Weekly Candlestick Chart

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

Have you tried the advanced chart settings for BigCharts?

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Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2011 TradeOnline.ca

Technical analysis of the S&P 500 Index

Critical support level for the S&P Index at 1,100

S&P Index candlestick chart with support levels and a downward trend in the RSI

S&P 500 Index Three-Year Candlestick Chart

The S&P 500 Index is in an intermediate downtrend: cash is still king.

Reference the last analysis of the S&P 500 Index which was a more positive chart.

______________________________

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2011 TradeOnline.ca