The Canadian Technician

Blog Article Title Image

Smooth-Running Engine or Friction Ahead?

by Greg Schnell

It has been a wonderful rally off the lows. In under two weeks, the commentary has gone from extremely bearish to the best month in 40 years. That is a wonderful change in commentary... Read More 

The Canadian Technician

Blog Article Title Image

Are You Tired of the Noise?

by Greg Schnell

The parade of commentators continues week in and week out to talk about the recession in 2023. It is important to consider whether, in late 2021, any of them saw a recession or a stock market decline in 2022... Read More 

The Canadian Technician

Blog Article Title Image

A Couple of Breakups and Breakdowns

by Greg Schnell

After a volatile Thursday and Friday, Monday continued, but, like Thursday, it was again to the upside. As we try to hammer in a bottom here, a few charts stand out. First of all, the banks are starting to behave bullishly... Read More 

The Canadian Technician

Blog Article Title Image

Nice Clues Arrived On Thursday

by Greg Schnell

The market pushed down to new lows on Thursday, making a new market low for 2022. Frankly I though the previous lows were low enough, but hey, somebody wanted to buy at lower prices. After my article last week, the market dropped another 4% for the SPY and 5.5% for the QQQ... Read More 

The Canadian Technician

Blog Article Title Image

Why This Rollover is So Important

by Greg Schnell

Monday started with a bounce. We were off to the races. After closing on the lows on Friday, we quickly bounced higher. It feels so good when the market rips to the upside. Thursday saw the market work lower and Friday took the wind out of the sails again... Read More