The Canadian Technician August 28, 2013 at 01:42 PM
This blog is a little long. But really the charts are big. In summary, look at where the price is currently on a lot of these charts. Lower right, middle right or top right. As well, I have drawn a support resistance line on the chart... Read More
The Canadian Technician August 26, 2013 at 03:17 PM
The $TSX has been the best performer over the last month. It has been awhile since we could say that! You can see I greyed out the $TSX composite. That compares everything to the $TSX. The other main Money choices have under performed the $TSX... Read More
The Canadian Technician August 20, 2013 at 10:30 AM
Today the Euro and the Swiss franc broke above the June highs, while the $USD tested down a little farther under the 2 year trendline. At the close of the US exchanges the Euro and Swissie had migrated back to the June high... Read More
The Canadian Technician August 16, 2013 at 05:52 AM
First of all, let's reload the updated commodity chart covering off today's updates that I hinted at in the $USD blog yesterday. First of all, lets do a high level scan to just see where everything is relative to the 50 DMA. I only see one sector / index below the 50 DMA... Read More
The Canadian Technician August 14, 2013 at 02:22 PM
The bearish sentiment in commodities has been a major source of difficulty for the commodity countries of Canada, Australia, Brazil and Russia. No news there. In major bear markets, the market turns optimistic, has a huge rally only to stall again... Read More
The Canadian Technician August 12, 2013 at 06:12 AM
Back in June, I wrote a series of articles looking at how we might look for a low technically in gold. Also identified in the article was that trying to find the lows of a stock or commodity are fraught with risk and failure. Finding the right time to enter a trade is important... Read More
The Canadian Technician August 08, 2013 at 03:40 PM
I recently posted an article about the Canadian sectors showing up as a predefined page on both the CandleGlance view and the sector PerfChart view. I received a reply asking about the cycle line on the perfchart and how to use it... Read More
The Canadian Technician August 08, 2013 at 02:55 PM
The SCU101 and SCU 102 courses are on the way to Vancouver. From the home page, you can see the events scrolling on the right hand side. The locations are shown under the Live Training Seminar banner. Here is the information link. Live Training Seminar... Read More
The Canadian Technician August 06, 2013 at 04:23 AM
Mullen had a great week last week. Check out the chart. That is very bullish enthusiasm. The volume soared to almost 3 month highs as the stock broke above a solid resistance range of $23.00 - $23.50. The target for the measurement of the double bottom would be in the $27... Read More
The Canadian Technician August 01, 2013 at 10:46 AM
After a parabolic move of around 100%, the $NIKK has had a small 20% retracement. The question after the retracement is what's next. Let's roll through the $NIKK chart to see what's in the charts. The Nikkei Chart has a few major hurdles ahead... Read More
