The Canadian Technician

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A Higher Close

by Greg Schnell

The bulls and bears had a classic battle this week. The market whipped back and forth intraday and overnight, selling off Caterpillar and gobbling up Apple. Major charts like TSLA and AMD tried to hold long support lines... Read More 

The Canadian Technician

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Is It All Downhill?

by Greg Schnell

It's been a rather traumatic start to 2022. The $SPX lodged a new high for the year on the second trading morning of 2022, and it's been moving lower since then. Ouch! I've marked the chart up with a red arrow pointing to the top. The red lines are equidistant moves... Read More 

The Canadian Technician

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Commodity Sunshine

by Greg Schnell

Commodities have being doing well to start off 2022. I have been hammering the drum on energy and copper throughout December and into January; this trend is just breaking out from some consolidation... Read More 

The Canadian Technician

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Goldilocks and the Three Bears

by Greg Schnell

The stock market has been pushing on the Federal Reserve to recognize the inflation going on behind the scenes. After the minutes came out on Wednesday, the subsequent discussion was centered on the inflation that is building under the surface... Read More