Category Archives: U.S. Indexes

S&P 500 major support is in the range of 2100 to 2120

A break below 2100 indicates a test at 2050
S&P 500 3-Year Weekly Chart showing support levels.

S&P 500 3-Year Weekly Chart

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“Technical Analysis is 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.

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Major support for Dow Jones Industrial Average at 18,000

A break below 18,000 indicates a test at 17,500
Dow Jones Industrial Average with major support at 18,000

DJIA 3-year Weekly Chart

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“Technical Analysis is 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.

© 2016 TradeOnline.ca

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Volatility Index pops on Friday

VIX rises 39% on Friday

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“Technical Analysis is 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.

© 2016 TradeOnline.ca

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S&P 500 sector performance for the past month

S&P 500 Sector Performance Past Month

S&P 500 Sector Performance Past Month

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“Technical Analysis is 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.

© 2016 TradeOnline.ca

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West Texas Intermediate will test major support at $40

 A failure at $40 indicates a test at $35
WTI will test major support at $40 which is near the 200-day moving average. A failure at $40 indicates a test at $35.

West Texas Intermediate 3-Year chart

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“Technical Analysis is 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.

© 2016 TradeOnline.ca

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$45 is a major support zone for West Texas Intermediate

$50 is a major resistance zone
West Texas Intermediate 3-Year Chart showing support zone at $45

West Texas Intermediate 3-Year Chart

$45 was resistance on the way up so it is support on the way down. The reversal of roles is an important concept in technical analysis. Reference https://tradeonline.ca/2016/04/28/west-texas-intermediate-closes-resistance-45/

______________________________

“Technical Analysis is 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.

© 2016 TradeOnline.ca

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Near-term and intermediate uptrend for silver

Precious metal component of silver is driving the uptrend
Intermediate uptrend for silver.

Silver Long-term Chart

https://en.wikipedia.org/wiki/Precious_metal

______________________________

“Technical Analysis is 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.

© 2016 TradeOnline.ca

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