The Canadian Technician

December 2017

The Canadian Technician

Canadian Technician Video Recording With Greg Schnell 2017-12-19

by Greg Schnell

This recording includes some specific questions for Utilities and Consumer Staples. It also highlights some of the growth areas for 2018.  Canadian Technician Recording with Greg Schnell 2017-12-19 from StockCharts.com on Vimeo. Good trading, Greg Schnell, CMT, MFTA Read More 

The Canadian Technician

Gold Miners Make 52 Week Lows - Bearish?

by Greg Schnell

The gold mining area is pretty interesting this week. While gold gets sold off every morning just before the stock markets open, it feels bad. Gold was down $34 on the week. Ouch, that's bearish! Still a pullback in the uptrend on a weekly chart, but it did make 4-month lows. Copper also had a lousy week. The current conduit dropped 3.69%. This is similar chart formation to the Shanghai Index which also pulled back this week. A pullback within an uptrend. So with the underlying metals pulling back, its no surprise the miners might pull back. But some Read More 

The Canadian Technician

Canadian Technician Recording With Greg Schnell 2017-12-05

by Greg Schnell

This week's version of the Canadian Technician Recording with Greg Schnell has lots of news. In two weeks, the Canadian market has had a major change in underlying strength. While its not outright bearish, it is definitely cautionary. Very frustrating watching the US market continue to put in higher highs and this week Canada is making lower lows. As well, the Advance-Decline information confirms the problem. If you are bullish on the Canadian stock market this is a good week to check in. I repeatedly suggest not selling everything, but add some protection in the form of options to help Read More