Tag Archives: candlestick chart

Russell 2000 candlestick chart

Critical support zone for the Russell 2000

Critical support zone for the Russell 2000

Russell 2000 1-Year Chart

Reference my last chart analysis for the Russell 2000 published May 19, 2014. We are back to the same major test of critical support.

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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.

Canadian Dollar chart analysis

Canadian Dollar testing major support of $0.9100

Major downtrend for the Canadian dollar. Testing major support of  $0.9100

Canadian Dollar Weekly Chart

Major trend is down for the Canadian dollar. If it cannot hold $0.9100, the next major support level is around $0.8900.

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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.

WTI candlestick chart

WTI testing major support of 92.50

WTI testing major support of 92.50

WTI 3-Year Weekly Chart

Link to my last chart analysis for WTI: Reference the last chart analysis for WTI.

Barron’s artice: Expect Dollar to Rise, Gold and Oil to Fall

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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.

Inverse Relationship: US Dollar Index and Euro Index

US Dollar Index will test resistance of 85.00

US dollar will test resistance of $0.85

US Dollar Index Weekly Chart

Euro Index will test support of 127.50

Euro Index will test support of $127.50rt of

Euro Index Weekly Chart

From a Canadian perspective, the rising US dollar will have a negative impact on commodity prices. Not good for the base metal, gold and oil stocks.

______________________________

“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.

US Dollar Index Chart Analysis

Breakout for the US Dollar Index

Breakout for the US Dollar Index on the weekly chart.

US Dollar Index 3 Year Chart

http://en.wikipedia.org/wiki/Nixon_Shock

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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.

Talisman Energy chart analysis

Resistance for Talisman is $12.00
Talisman Energy chart showing the near-term uptrend with resistance at $12.00

Talisman Energy YTD Candlestick Chart

Talisman Energy reported second quarter numbers today. There was a positive reaction on the chart.

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“Three trends: up, down and sideways”

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.

West Texas Intermediate Crude Oil weekly chart

Breakout from resistance of $105
Breakout for WTIC today from resistance of $105

West Texas Intermediate Weekly chart

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“Charting is all about assessing 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.