Tag Archives: chart

West Texas Intermediate closes at $34.06

Major, intermediate and near-term trends are down.
WTI 3-Year Weekly Chart showing the close below 35.

WTI 3-Year Weekly Chart

Some observations from the above weekly chart for WTI:

  • Support levels of $40, $38 and $35 did not hold.
  • Long-term support (not shown) is now the 2009 low of $33.55.
  • A break below $33.55 (not shown) indicates that 30, 20 and 10 are in play.

Reference the last chart analysis for WTI showing the break below support of $38.

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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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Canadian dollar closes at $0.7149

All 3 trends are down! Where is the bottom? $0.6900?
Canadian Dollar 5-Year Chart

Canadian Dollar 5-Year Chart

Reference the last chart analysis for the Canadian dollar published December 17, 2015.

______________________________

“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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Disappearing differential of WTI relative to Brent

Weekly Chart Showing the Ratio of WTI/Brent

Weekly Chart Showing the Ratio of WTI/Brent

______________________________

“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.

© 2015 TradeOnline.ca

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Canadian dollar closes below major support of $0.7450

Canadian Dollar 5-Year Weekly Chart

Canadian Dollar 5-Year Weekly Chart

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Support level on the daily chart published November 23, 2015

Canadian dollar 6 month daily chart

Canadian Dollar 6-Month Daily Chart

______________________________

“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.

© 2015 TradeOnline.ca

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West Texas Intermediate daily chart

WTI at major support of 40
WTI daily chart showing major support of 40.

WTI 6-Month Daily Chart

______________________________

“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.

© 2015 TradeOnline.ca

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VIX Volatility Index chart

20 is the key point to monitor for the fear index

20 is the major resistance point the fear index.

______________________________

“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.

© 2015 TradeOnline.ca

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Copper 5-year chart showing major downtrend

Dr. Copper has a poor prognosis for the world economy.
Copper 5-Year line chart showing the major downtrend.

Copper 5-Year Line Chart

______________________________

“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.

© 2015 TradeOnline.ca

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