Tag Archives: chart

U.S. Natural Gas Fund ETF (UNG) chart analysis

Breakout on daily chart on heavy volume for UNG
Breakout for the United States Natural Gas Fund (UNG) on heavy volume

UNG Daily Chart

Breakout for the United States Natural Gas Fund (UNG) on heavy volume.

Contrast this chart with the one for West Texas Intermediate……………..

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View from the weekly chart showing the resistance levels
Weekly chart for U.S. Natural Gas Fund ETF showing the breakout and the resistance levels.

UNG Weekly Chart

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“It is all 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.

© 2014 TradeOnline.ca

TSX Index YTD sector performance

+6.91 gain for the TSX Index: energy and materials underperform
TSX Index ytd performance showing the 6.91% ytd gain and the drag on the index of materials and energy.

TSX Index YTD Performance by Sector

TSX Index ytd performance showing the 6.91% ytd gain and the drag on the index by materials and energy.

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“It is all 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.

© 2014 TradeOnline.ca

WTI candlestick chart

Intermediate downtrend for WTI and a major break below 80
Chart for West Texas Intermediate showing the intermediate downtrend and the major break below support of 80.  There is  a tentative support level on the weekly chart at  77.50.

WTI Daily Chart

Chart for West Texas Intermediate showing the intermediate downtrend and the major break below support of 80. There is a tentative support level on the weekly chart around 77.50.

Reference the last chart analysis for WTI published on October 17, 2014.

October 17, 2014: Daily candlestick chart for WTI showing the support level around 80. There was heavy volume on Thursday as the shorts covered. But the spinning top candlestick on Friday indicates ambivalence. It is not the time to go long or short. We will have to monitor future price action. There is a high probability the bears will take another run at testing the support level.

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View from the weekly chart
Weekly chart for WTI

WTI 3-Year Weekly Chart

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“It is all 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.

© 2014 TradeOnline.ca

Percent of stocks above the 200-day moving average

Percent of stocks above 200 day moving average for the TSX and the S&P 500.

3-Year Weekly Chart

Percent of stocks above 200 day moving average for the TSX and the S&P 500.

Reference the last chart for the percent of stocks above the 200 day moving average.

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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.

WestJet (WJA) daily chart

Near-term uptrend for WestJet
WestJet daily chart showing the resistance level of $33

WestJet (WJA) Daily Chart

News Release December 3, 2014: WestJet Airlines reported a November load factor of 80.5 per cent, up from 79.7 per cent a year ago.

http://www.westjet.com/guest/en/media-investors/key-dates.shtml

WestJet reports earnings November 4, 2014.

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“It is all 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.

© 2014 TradeOnline.ca

TSX Index and S&P 500 Index return from 2009 low

The divergence started in 2011

Performance of the TSX Index and the S&P 500 Index from the 2009 low.

Reference the last analysis for the TSX Index.

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“It is all 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.

© 2014 TradeOnline.ca

TSX Index candlestick chart analysis

Hammer indicates a bottom on the weekly candlestick chart
Hammer indicates a bottom on the weekly candlestick chart for the TSX Index.

TSX Index 3-Year Weekly Chart

Reference my last chart analysis for the TSX Index showing the retracement levels. The TSX Index may have found support at the 50% retracement point.

A busy calendar for next week: View calendar…………..

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Bullish Engulfing Pattern indicates a bottom on the daily candlestick chart
Bullish engulfing pattern on the daily candlestick chart indicates a bottom for the TSX Index.

TSX Daily Candlestick Chart

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“It is all 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.

© 2014 TradeOnline.ca

Percent of stocks above the 200-day moving average

Percent of stocks above the 200-Day moving average for the TSX and S&P 500

3-Year Chart: Percent Above 200-Day SMA

Reference the last chart for the % of stocks above the 200-Day SMA.

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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.