The Canadian Technician

Blog Article Title Image

Interesting Charts For Interesting Times

by Greg Schnell

With the market recently surging, it is difficult to be bearish when the US Market makes higher highs. The $TSX made its highs on March 17th while oil made its high on March 18th, first thing in the morning. We've traded between 13650 and 13250 since... Read More 

The Canadian Technician

Blog Article Title Image

Fundamental Investors Are So Bullish, Is This Another Pivot Point For Technicians?

by Greg Schnell

During The Canadian Technician 20160322 Webinar, I covered off some of the signals that were leaning to a new bull market. While I am still in bear camp mode, I did discuss some powerful charts that suggest a transition to a new bull market is very close... Read More 

The Canadian Technician

Blog Article Title Image

Canadian Banks At New All Time Highs - Whaaat?

by Greg Schnell

In the world of banking, the Canadian banks have been very resilient to market forces. Running through my scans today, I found the TD Bank breaking out to a new all-time high... Read More 

The Canadian Technician

Blog Article Title Image

Canadian Markets Struggle Where They Should Struggle

by Greg Schnell

On Tuesday, during the Canadian Technician Webinar 20160308, I reviewed the various Canadian Sectors. I demonstrated the various markets using the RSI indicator on weekly charts. This generated some great questions... Read More 

The Canadian Technician

Blog Article Title Image

Canadian Oil Stocks Reach Resistance

by Greg Schnell

This is the moment we've all been waiting for. Stocks finally pushing back up against their 200 DMA average. Some are even breaking above. More importantly for Canadians, the Canadian oil companies are pushing up against previous-high-resistance levels... Read More 

The Canadian Technician

Blog Article Title Image

The $TSX Has A Huge Volume Candle For The Shortest Month

by Greg Schnell

Whether it was Oil, Gold, or base metals that caught the eye of traders, it created some activity. The trading on the $TSX was big last month. I have put a volume chart at the bottom of the chart below, with a horizontal line at the volume for the end of February... Read More