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This is an example chart page. Each chart page can display a number of optional features:
  • "Active Chart Data" If you are using a reasonably modern web browser, you can see a small window at the top of the chart. When the chart page is first loaded, data for the most recent trading day is displayed in this window. If you click on any bar in the chart itself, the data displayed in the window changes to display the data for that particlar date. This "Active Chart" feature can be turned on, and off by clicking the button labeled"Activate/Deactivate Chart Data" (located directly beneath the chart). Note that the chart and data shown here is for example only - the data is not current.
  • Historical Data By clicking on the button labeled "View Historical Data", (located directly beneath the chart) you can view the historical data for this particlar contract in an easy-to-read table format.
  • Contract Specifications Beneath the chart itself is an optional window which shows the contract specifications for the contract being displayed. This window can be turned on-and-off by clicking the button labeled "Show/Hide Contract Specifications".
  • Written Technical Analysis The bottom portion of this page contains a written analysis describing the state of many technical indicators as applied to this particular chart. This analysis can be turned on-and-off by clicking on the button labeled "Hide/Show Written Analysis"

-- sample chart page follows --

TFC Commodity Charts - Sample Chart Page
Corn (CBOT)
Weekly Chart


Click on any date on chart to display weekly statistics

Analysis

Mov Avg 3 lines Indicator:

Note:

In evaluating the short term, Plot1 represents the fast moving average, and Plot2 is the slow moving average. For the longer term analysis, Plot2 is the fast moving average and Plot3 is the slow moving average

Conventional Interpretation - Short Term:

The market is bearish because the fast moving average is below the slow moving average.

Additional Analysis - Short Term:

Recently the market has been extremely bearish, however currently the market has lost a some of its bearishness due to the following: price is above the fast moving average. Its possible that we may see a market rally here. If so, the rally might turn out to be a good short selling opportunity.

Conventional Interpretation - Long Term:

The market is bearish because the fast moving average is below the slow moving average.

Additional Analysis - Long Term:

The market is EXTREMELY

BEARISH. Everything in this indicator is pointing to lower prices:

the fast average is below the slow average; the fast average is on a downward slope from the previous bar; the slow average is on a downward slope from the previous bar; and price is below the fast average and the slow average.

Stochastic - Fast Indicator:

Conventional Interpretation:

The stochastic is in oversold territory (FastK is at 11.59); this indicates a possible market rise is coming. The stochastic is bullish because the FastK line is above FastD line.

Additional Analysis:

The long term trend is DOWN. The short term trend is DOWN. Don't be fooled looking for a bottom here because of this indicator. The stochastic indicator is only good at picking bottoms in a Bull Market (in which we are not). Exit short positions only if some other indicator tells you to.

RSI Indicator:

Conventional Interpretation:

RSI is in neutral territory. (RSI is at 27.38). This indicator issues buy signals when the RSI line dips below the bottom line into the oversold zone; a sell signal is generated when the RSI rises above the top line into the overbought zone.

Additional Analysis:

RSI is somewhat oversold (RSI is at 27.38). However, this by itself isn't a strong enough indication to signal a trade. Look for additional evidence here before getting too bullish here.

Open Interest Indicator:

Open Interest is in a downtrend based on a 9 bar moving average. While this is normal following delivery of nearer term contracts, be cautious. Decreasing open interest indicates lower liquidity.

Momentum Indicator:

Conventional Interpretation:

Momentum (-40.0) is below zero, indicating an oversold market.

Additional Analysis:

The long term trend, based on a 45 bar moving average, is DOWN. The short term trend, based on a 9 bar moving average, is DOWN. Momentum is indicating an oversold market. However the market may continue to become more oversold. Look for evidenced strength before interpreting any bullishness here.

Volume Indicator:

Conventional Interpretation:

No indications for volume.

Additional Analysis:

The long term market trend, based on a 45 bar moving average, is DOWN. The short term market trend, based on a 5 bar moving average, is DOWN. Volume is flat.

ADX Indicator:

Conventional Interpretation:

ADX measures the strength of the prevailing trend. A rising ADX indicates a strong underlying trend while a falling ADX suggests a weakening trend which is subject to reversal. Currently the ADX is rising.

Additional Analysis:

The long term trend, based on a 45 bar moving average, is down. A rising ADX indicates that the current trend is healthy and should remain intact. Look for the current downtrending market to continue.

Swing Index Indicator:

Conventional Interpretation:

The swing index has crossed zero, identifying this bar as a short term pivot point.

Additional Analysis:

No additional interpretation.

DMI Indicator:

Conventional Interpretation:

DMI+ is less than DMI-, indicating a downward trending market. A signal is generated when DMI+ crosses DMI-.

Additional Analysis:

DMI is in bearish territory.

Williams Acc-Dis Indicator:

Conventional Interpretation:

Signals are generated by examining divergences between Williams' Accumulation - Distribution and the underlying market. A new high in the market which is not accompanied by a similar new high in the indicator is considered bearish. Similarly, it is bullish when the market has reached a new low without a new low in the indicator.

Additional Analysis:

No additional analysis.

Ultimate Oscillator Indicator:

Conventional Interpretation:

The Ultimate Oscillator attempts to identify market turning points by analyzing divergences between the market and the Ultimate Oscillator. Since no divergence currently exists, the Ultimate Oscillator is neutral.

Additional Analysis:

The long term trend, based on a 45 bar moving average, is DOWN. The short term trend, based on a 5 bar moving average, is DOWN. Since the Ultimate Oscillator is in line with the underlying market, the current reading is neutral. The current trend should remain intact.

Stochastic - Slow Indicator:

Conventional Interpretation:

The stochastic is in oversold territory (SlowK is at 11.24); this indicates a possible market rise is coming. The stochastic is bullish because the SlowK line is above SlowD line.

Additional Analysis:

The long term trend is DOWN. The short term trend is DOWN. Don't be fooled looking for a bottom here because of this indicator. The stochastic indicator is only good at picking bottoms in a Bull Market (in which we are not). Exit short positions only if some other indicator tells you to.

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Canadagrain | Wild Oats | A.J.BAT | ProMarket Wire | Johnston's | What's New? | Aglinks



Last Modified: February 8, 1998
The Canada Grain site is designed & maintained by Branscombe Consulting (dpb@escape.ca).