The Canadian Technician October 24, 2016 at 08:19 PM
The Canadian Dollar ($CADUSD) continued its slide today. However, this may have broader implications for commodities as well... Read More
The Canadian Technician October 19, 2016 at 04:32 PM
Crude Oil continues to drift higher. The Texas Tea bubbled over $52 this morning on the December contract as the front month expires tomorrow. I have shown the breakout on this Crude tracking ETF (USO) chart... Read More
The Canadian Technician October 14, 2016 at 01:35 PM
The $TSX has struggled to break through 15000. I have drawn a line at the recent high of 14850. The 20 WMA does a pretty good job of supporting the $TSX. In the zoom box, we can see the last two weeks have been supported by the 20 WMA in blue... Read More
The Canadian Technician October 06, 2016 at 03:17 PM
One thing we continue to use technical analysis for is the balance between emotion and the market. When the market is roaring, we need to be a part of it. We also need to be aware of when the market is in an exaggerated state... Read More
The Canadian Technician October 04, 2016 at 03:33 PM
Gold (GLD) was down hard today. This move was particularly important as GLD broke through support. Through the last eight months, GLD did not outperform the $SPX. The big push to new three-month lows does not suggest any strength showing up yet... Read More
