Tag Archives: TSX

TSX Index chart analysis

A 360 point drop for the TSX today!
Daily chart for the TSX Index

TSX Daily Chart

Will the TSX test the October and December lows? There is a high probability.

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View from the weekly chart
Weekly chart for the TSX Index

TSX Index 3-Year Weekly Chart

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“Always trade in the direction of the major trend”

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

TSX Index 2014 sector performance

7.42% gain in 2014 for TSX Index
+7.42% for the TSX Index in 2014.

2014 Sector Performance for the TSX Index

If you invested in grocery stores, then you had a very good year.

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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 sector performance for the past 6 days

Energy sector leading the pack

TSX sector performance over the last 6 days.  Energy sector leading the pack.

Reference the last sector performance for the Canadian market based on the ytd numbers. If I use the word “oversold” for energy then this is the reason for the year-end pop. But oil is still searching for a bottom and the smaller players will not participate in this rally. That advance will have to wait for more clarity on the direction for oil as WTI attempts to hold $55 and Brent attempts to hold $60.

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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

If you were weighted to consumer staples in 2014? Enjoy!

TSX Index YTD sector performance

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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 % of stocks above 200-Day Moving Average

61.2% of TSX stocks below 200-Day moving average

TSX Index % of stocks above 200-Day moving average

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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 chart analysis

A 2.54% pop today on the daily chart for the TSX Index
Daily candlestick for the TSX Index

TSX Index Daily Candlestick Chart

Tall shaven head candlestick on heavy volume bodes well for the TSX Index. But, there will have to be follow-through. And the major reason for the drop in the TSX Index was the precipitous drop in crude oil as represented by Brent, West Texas Intermediate and Western Canadian Select. But, crude oil is still trying to find a bottom.

Reference the last chart analysis for the TSX Index showing the support zone.

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And the view from the weekly chart for the TSX Index
TSX Index weekly chart showing the near-term uptrend

TSX Index 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

TSX Index chart showing Fibonacci retracement points

Major support zone for the TSX Index
TSX Index Fibonacci retracement points.  Must hold this major support zone or there could be a test of the June, 2013 low.

TSX Index 3-Year Weekly Chart

TSX Index Fibonacci retracement points. Must hold this major support zone or there could be a test of the June, 2013 low.

Reference the last chart 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