The Canadian Technician February 29, 2016 at 11:49 AM
Natural Gas ($NATGAS) has been oil's partner trending down as they continue to get rejected at higher levels. Today Natural Gas ($NATGAS) is testing the lows it made in December. If you like trading tests of prior lows, today is your day to look at the retest... Read More
The Canadian Technician February 23, 2016 at 11:27 PM
Markets worldwide are testing important levels. Today was a very important step back. It really marks an important place on global charts... Read More
The Canadian Technician February 22, 2016 at 12:16 PM
It has been a long time since we could say anything positive about the mining sector. After a 5 year beat down which saw a meaningful top in 2011, the sector has bounced off the January lows. Let's not get too excited, but a potential trend change nevertheless... Read More
The Canadian Technician February 20, 2016 at 07:06 PM
While we often get caught up in the day-to-day swings of the market, sometimes a broader view is important. The Canadian Stock Exchange Index ($TSX) tested the bear market resistance line on the PnF Chart this week... Read More
The Canadian Technician February 17, 2016 at 11:26 AM
While the XLB in the US is dominated by the likes of Dow and Dupont, the Canadian materials index is a lot more focused on raw materials. However, it is still heavily weighted towards gold. Here is the iShares Capped Materials Index ETF (XMA.TO) in Canada... Read More
The Canadian Technician February 09, 2016 at 03:34 PM
I'll be hosting a Canadian Technician Webinar at 5 PM EST on Tuesday, February 9th. Click on the link to register. The Canadian Technician Live 20160209. The Utility Sector has been a safe haven in this storm until today... Read More
The Canadian Technician February 05, 2016 at 09:29 AM
Tom Bowley and I are teaming up to do the Trading Places Webinar at 12 Noon EST. Click here to register. Trading Places 20160205. There are some trend changes to talk about with some new industry rotation showing up on the charts... Read More
The Canadian Technician February 03, 2016 at 11:42 PM
Globally, Bank charts are messed up US Banks Canadian Banks Japanese Banks Chinese Banks European Banks Lately, some of the banks have been behaving very poorly. This can actually be widened out to include some of the insurers as well... Read More
The Canadian Technician February 01, 2016 at 05:18 PM
Last week the Utilities Sector in Canada stormed to new 9-month highs. Today I went through to find some of the top performing Utility plays in Canada. Here is an ETF for the sector. XUT.TO soared last week on good volume and pushed the SCTR above 90 on Friday... Read More
