Tag Archives: bar chart

TSX Index 2-Year chart with the trendline

Break below the major trendline for the TSX Index

Break below the major trendline for the TSX Index

TSX Index 2-Year Daily Logarithmic Chart

15,000 is a major support level for the TSX Index.

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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.

TransCanada long-term chart (1988-2014)

Pipeline Giant TransCanada Could Rise 35%

TransCanada Pipeline long-term chart.  Features in Barron's .

Should get a pop from the story in Barron’s. The long-term chart (from 2000) looks impressive. What more can I say? Let the chart speak for itself.

The controversial Keystone XL pipeline, which would transport oil from Alberta to refineries in the U.S. Midwest and Gulf Coast, has been held up for four years by political and environmental red tape. But that hasn’t slowed the growth of TransCanada, one of North America’s largest energy- pipeline companies. Even without the $5.4 billion Keystone XL, the Canadian pipeline giant has an industry-leading $30 billion backlog of projects in the works……………….

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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. 

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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.

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.

TSX Index chart analysis

Intermediate uptrend for the TSX Index

Intermediate uptrend for the TSX Index with major resistance at 15,000

Intermediate trend is up for the Canadian market with major resistance at the 2008 high of 15,154. I use the round number of 15,000 and will set my alerts at this point.

Reference the last chart analysis for the TSX Index showing the support levels. Note that the 14,500 level was a resistance point on this chart. It is now a support level. The reversal of roles is an important concept in technical analysis.

S&P/TSX Composite Index

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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.

Technical analysis of the Canadian stock market

Intermediate uptrend still in effect for the Canadian stock market
Uptrend still in effect for the Canadian market. The TSX Index bounced off support of 13,500 which is near the 50-day moving average.

TSX Index 4-Year Weekly Chart

The TSX Index bounced off support of 13,500 which is near the 50-day moving average.

Reference the last chart analysis for the Canadian market.

Relevant articles picked from the Web:

Studies show that about half of mutual fund investors don’t know they’re paying any fees at all.

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“It is not when you buy that counts, it is when you sell”

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.

© 2014 TradeOnline.ca

Technical analysis of copper

Confirming uncertainty in emerging markets
Copper chart showing the near-term downtrend and tradng below the 200 day moving average.

Copper 1-Year Chart courtesy of StockCharts.com

Reference the last chart analysis for copper published on January 3, 2014.

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“The stock market is never obvious. It is designed to fool most of the people, most of the time.” – Jesse Livermore

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.

© 2014 TradeOnline.ca