TradeOnline.ca https://tradeonline.ca Technical Analysis is about identifying the trend Mon, 21 Jan 2019 03:54:05 +0000 en-US hourly 1 19335901 Time to nibble on Power Financial (PWF.TO) https://tradeonline.ca/2019/01/20/time-to-nibble-on-power-financial-pwf-to/ https://tradeonline.ca/2019/01/20/time-to-nibble-on-power-financial-pwf-to/#respond Mon, 21 Jan 2019 03:53:46 +0000 https://tradeonline.ca/?p=12756 Power Financial just tested and held major support. I like the 6.34% yield. The payout ratio is backed by a strong cashflow. The negatives from a technical perspective include the major downtrend and major resistance at the 200-day. ______________________________ Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial […]

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Power Financial just tested and held major support. I like the 6.34% yield. The payout ratio is backed by a strong cashflow. The negatives from a technical perspective include the major downtrend and major resistance at the 200-day.

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YTD sector performance for the TSX Index https://tradeonline.ca/2019/01/20/ytd-sector-performance-for-the-tsx-index/ https://tradeonline.ca/2019/01/20/ytd-sector-performance-for-the-tsx-index/#respond Mon, 21 Jan 2019 01:03:15 +0000 https://tradeonline.ca/?p=12753 ______________________________ Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes. © 2019 TradeOnline.ca InvestOnline.ca

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TSX Index sector performance for YTD 2019

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Near-term uptrend for S&P 500 and up 13.6% from the December low https://tradeonline.ca/2019/01/19/near-term-uptrend-for-sp-500/ https://tradeonline.ca/2019/01/19/near-term-uptrend-for-sp-500/#respond Sun, 20 Jan 2019 03:02:19 +0000 https://tradeonline.ca/?p=12748 S&P 500 cleared resistance at 2600 and it cleared the 50-day average.  The next resistance zone is the downward sloping trendline and the 200-day average.   Reference my last post on the S&P 500 Index. ______________________________ Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment […]

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S&P 500 cleared resistance at 2600 and it cleared the 50-day average.  The next resistance zone is the downward sloping trendline and the 200-day average.  

Reference my last post on the S&P 500 Index.

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Major downtrend for zinc with intermediate consolidation zone https://tradeonline.ca/2019/01/11/major-downtrend-for-zinc-in-2018/ https://tradeonline.ca/2019/01/11/major-downtrend-for-zinc-in-2018/#respond Sat, 12 Jan 2019 00:46:05 +0000 https://tradeonline.ca/?p=12741 ______________________________ Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes. © 2019 TradeOnline.ca InvestOnline.ca

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Major downtrend for zinc in 2018.

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S&P 500 near-term uptrend will meet resistance around 2600 https://tradeonline.ca/2019/01/11/sp-500-near-term-uptrend-will-meet-resistance-around-2600/ https://tradeonline.ca/2019/01/11/sp-500-near-term-uptrend-will-meet-resistance-around-2600/#respond Sat, 12 Jan 2019 00:10:37 +0000 https://tradeonline.ca/?p=12737 Reference my post on the retracement levels for the S&P 500. ______________________________ Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes. © 2019 TradeOnline.ca InvestOnline.ca

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S&P 500 near-term uptrend will meet resistance around 2600

Reference my post on the retracement levels for the S&P 500.

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Near-term uptrend for the Japanese yen https://tradeonline.ca/2019/01/06/near-term-uptrend-for-the-japanese-yen/ https://tradeonline.ca/2019/01/06/near-term-uptrend-for-the-japanese-yen/#respond Mon, 07 Jan 2019 02:31:06 +0000 https://tradeonline.ca/?p=12731 The recent upswing in the Japanese yen can be attributed to recent stress in world markets. It is a safe haven currency for Japanese investors as money is repatriated from foreign markets. The yen could easily test resistance near 96. ______________________________ Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult […]

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The recent upswing in the Japanese yen can be attributed to recent stress in world markets. It is a safe haven currency for Japanese investors as money is repatriated from foreign markets. The yen could easily test resistance near 96.

Candlestick chart for the Japanese yen for a three year period.  Notice the upswing over the past three weeks.  There is a high probability it will test resistance at 96.

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West Texas Intermediate tested major support last week https://tradeonline.ca/2018/12/30/west-texas-intermediate-tested-major-support-last-week/ https://tradeonline.ca/2018/12/30/west-texas-intermediate-tested-major-support-last-week/#respond Mon, 31 Dec 2018 01:12:47 +0000 https://tradeonline.ca/?p=12724 WTI crude tested major support last week as indicated by the doji on the weekly candlestick chart. The doji is not a reliable indicator for calling bottoms because it represents ambivalence and a market can fall from its own weight. But, it did occur at a major support zone and this gives it more credence. […]

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WTI crude tested major support last week as indicated by the doji on the weekly candlestick chart. The doji is not a reliable indicator for calling bottoms because it represents ambivalence and a market can fall from its own weight. But, it did occur at a major support zone and this gives it more credence. I will look for a morning star formation as confirmation of a trend reversal at this significant support zone.

This weekly chart for WTI shows a test at major support around $42.50.  The doji candlestick is the graphical representation of the test.  Confirmation of a bottom is need with a morning star formation.

Reference my last chart analysis for West Texas Intermediate.

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West Texas Intermediate down 45% from October high and at major support https://tradeonline.ca/2018/12/25/west-texas-intermediate-down-45-from-october-high-and-at-major-support/ https://tradeonline.ca/2018/12/25/west-texas-intermediate-down-45-from-october-high-and-at-major-support/#respond Tue, 25 Dec 2018 17:43:52 +0000 https://tradeonline.ca/?p=12717 ______________________________ ”Technical Analysis is about identifying trends” Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes. © 2018 TradeOnline.ca InvestOnline.ca

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Long dark shaven head and body candlestick is an ominous sign for the S&P 500 Index. The bear will bite! https://tradeonline.ca/2018/12/22/long-dark-shaven-head-and-body-candlestick-is-an-ominous-sign-for-the-sp-500-index/ https://tradeonline.ca/2018/12/22/long-dark-shaven-head-and-body-candlestick-is-an-ominous-sign-for-the-sp-500-index/#respond Sun, 23 Dec 2018 01:14:37 +0000 https://tradeonline.ca/?p=12713 ______________________________ “Technical Analysis is about identifying trends” Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes. © 2018 TradeOnline.ca

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Fibonacci retracement lines for the S&P 500 https://tradeonline.ca/2018/12/21/fibonacci-retracement-lines-for-the-sp-500/ https://tradeonline.ca/2018/12/21/fibonacci-retracement-lines-for-the-sp-500/#respond Sat, 22 Dec 2018 01:18:41 +0000 https://tradeonline.ca/?p=12707 Can the 50% retracement hold before the bear bites? ______________________________ “Technical Analysis is about identifying trends” Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes. © […]

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Can the 50% retracement hold before the bear bites?

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