Tag Archives: major support

S&P 500 major support is in the range of 2100 to 2120

A break below 2100 indicates a test at 2050

S&P 500 3-Year Weekly Chart showing support levels.

S&P 500 3-Year Weekly Chart

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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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West Texas Intermediate will test major support at $35

The spigots are wide open. The major trend is down, the intermediate trend is down and the near-term trend just turned down. WTI will test major support at $35. The near-term downtrend in the U.S. dollar should be a plus for WTI but right now traders are concentrating on supply news out of the Middle East.

WTI 3-Year Weekly chart

WTI 3-Year Weekly chart

Reference my post from March, 29, 2016 showing the major downtrend defined by the 200-day moving average.

Reference my post from March 15, 2016 for the support levels below 40.

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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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NASDAQ approaching major support of 4300

NASDAQ experiencing a bad case of P/E multiple compression

Nasdaq 3-year weekly chart_2016-02-05

NASDAQ 3-Year Weekly 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.

© 2016 TradeOnline.ca

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S&P 500 chart analysis

Major Support for S&P 500 on weekly chart

S&P 500 3-Year Chart

S&P 500 3-Year Chart

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Major Support for S&P 500 viewed on the daily chart

S&P 500 6-Month Daily Chart

S&P 500 6-Month Daily Chart

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Chart for the S&P 500 published on January 4

S&P 500 6-Month Daily Chart showing the 2000 support level.

S&P 500 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.

© 2016 TradeOnline.ca

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TSX Index testing major support at 13,000

TSX Index 5-Year Weekly Chart

TSX Index 5-Year Weekly 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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TSX Index chart analysis

TSX weekly chart showing the major support and resistance levels

Major downtrend for the TSX Index

TSX Index 3-Year Weekly Chart

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Not an encouraging view form the daily chart

TSX Index below the 10-day and 20-day simple moving averages.

TSX Index 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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TSX Index weekly chart

TSX Index will not hold major support

TSX Index weekly chart showing major support.

TSX Index 3-Year Weekly Chart

Reference the last chart analysis for the TSX 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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TSX Index weekly chart

High probability TSX Index will test major support

TSX Index 3-year chart showing major support.

TSX Index 3-Year Weekly 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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