Category Archives: U.S. Indexes

U.S. Treasury 10-Year Note chart analysis

Near-term uptrend with resistance at 1.700%
Near-term uptrend for the U.S. Treasury 10-Year Note with resistance at 1.700%. It will meet major resistance at the resistance level of 1.800% which is evident on the weekly chart. Also, note that the the intermediate lateral trading range and divergence of the the RSI which did not confirm the bottom of 1.400%.

U.S. Treasury 10-Year Note 1 year Chart

Near-term uptrend for the U.S. Treasury 10-Year Note with resistance at 1.700%.

Note the divergence between the oscillator (RSI) and the price action when the oscillator did not confirm the low of 1.400%.

Reference the last chart analysis for the 10-Year Treasury.

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

Technical Analysis: S&P 500 Index

Intermediate uptrend for the S&P 500 Index
Intermediate uptrend for the S&P 500 Index with major resistance at 1,420

S&P 500 Index 6 Month Daily Chart

Reference the last chart analysis for the S&P 500 posted on July 23, 2012.

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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

S&P 500 Index candlestick chart analysis

Critical support level to monitor is 1,335
Critical support level for the S&P 500 Index is 1,335.  The index is still trading above the upward sloping intermediate trendline.

S&P 500 Index 6 Month Daily Chart

The support level of 1,335 is near the 50 day moving average. This is a key intermediate support level and automated trading systems are programmed to initiate sell orders went the level is breached by a predetermined amount.

Reference the previous chart analysis for the S&P 500 Index showing the upward sloping intermediate trendline.

Relevant articles picked from the Web:

______________________________

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

Technical Analysis S&P 500 Index

Intermediate uptrend for the S&P 500 Index
Intermediate uptrend for the S&P 500 Index.  Resistance levels identified on the daily chart.

S&P 500 Index 6 Month Daily Chart

Reference the last chart analysis for the S&P 500 Index published on June 8, 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.

© 2012 TradeOnline.ca

S&P 500 Index candlestick chart analysis

Bullish Engulfing Pattern with resistance at 1,350
Candlestick chart analysis for the S&P 500 Index showing an bullish engulfing candlestick pattern with near-term resistance at 1,350

S&P 500 Index 3 Year Chart

Reference the last chart analysis for the S&P 500 Index which highlights the support levels.

Relevant articles picked from the Web:

______________________________

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

Technical Analysis: U.S. Treasury 10-Year Note

Monitor the resistance level of 1.70% and then 1.80%
Candlestick chart showing the the key resistance levels of the U.S. Treasury 10-Year Note

U.S. Treasury 10-Year Note 3 Year Chart

Has a negative technical profile as indicated by the major trend which is sideways and intermediate trend which is down.

The yield would have to move above the resistance levels of 1.70% and 1.80% if the near-term rally in U.S. equities is to continue. This represents the movement of capital from the relative safety of the U.S. Treasury to U.S. equities. A sustained advance of the 10-Year yield to the 2.40% level would indicate the upward movement in commodity based indexes like Canada, Australia and Brazil as investors take on more risk.

Reference the last chart analysis of the U.S Treasury 10-Year Note based on the daily chart.

Relevant articles picked from the Web:

______________________________

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

Technical Analysis: VIX – CBOE Volatility Index

Key support level for the VIX is 20
Monitor the key support level of 20 for the VIX

VIX 3 Year Weekly Chart

The VIX is the fear gauge for the U.S. market and has an inverse correlation to the major U.S. Indexes. A break below support of 20 would be an indication that the near-term rally in U.S. stocks can continue.

Reference the last chart analysis of the VIX.

______________________________

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

Technical Analysis: S&P 500 Index

Critical support zone for the S&P 500 Index
Technical analysis of the S&P 500 Index showing the critical support  zone of 1,285 to 1,300

S&P 500 Index 2 Year Weekly Chart

The critical support zone represents a retracement of 50% from the April, 2012 high to the November, 2012 low. There is money on the sideline that will flow into equities at this level. And the shorts will cover if the S&P 500 Index continues to advance above the support zone.

A confirmed break below this support level is an ominous warning for this U.S. Index.

Against the backdrop of the Eurozone crisis with Greece and Spain in the spotlight, there are four major U.S. reports the week of May 28, 2012:

  1. On Tuesday, the U.S. Conference Board reports on consumer confidence in May. Economists expect a reading of 69.5.
  2. On Thursday, the U.S. Labour Department reports on initial jobless claims in the week ending May 26. Economists expect 370,000 new claims.
  3. On Friday, The U.S. Institute for Supply Management issues its manufacturing index for May. Economists expect a reading of 53.9.
  4. On Friday, the U.S. Labour Department issues its jobs report for May. Economists expect the unemployment rate to remain unchanged at 8.1 per cent, and non-farm payrolls to add 150,000 jobs.

Enjoy your trading week.

Reference the last chart analysis for the S&P 500 Index posted on April 16, 2012 when it was still holding above the upward sloping trendline.

______________________________

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