The Canadian Technician

February 2019

The Canadian Technician

Industrial Metals & The Weekly Market Roundup 2019-02-23

by Greg Schnell

This week saw some big surges in Copper, Steel, Rare Earth Metals and Lithium stocks. Although Copper had been unable to make new three-month highs for almost a year, the copper chart surged up to a new seven-month high this week, as seen below... Read More 

The Canadian Technician

Canadian Market Surges 2019-02-16 Video

by Greg Schnell

The Canadian market has been slowly underperforming the US markets over the last two weeks. Friday had a nice surge in Technology, Financials, Oils, and metal miners as the chart for the TSX 60 broke above the 200-day moving average... Read More 

The Canadian Technician

Oil Takes A Turn Higher - Weekly Market Roundup 2019-02-16

by Greg Schnell

The markets have been working there way through indecision the last two weeks... Read More 

The Canadian Technician

Give Your Charts A Shake? Weekend Market Roundup 2019-02-09

by Greg Schnell

To begin, let's start with sentiment. The bullish percent index for the $SPX is sitting at 61.8%, which is where it was during the rebound in 2008. The percentage of stocks above the 200-day moving average is 50%, which is also where it was on the 2008 rebound... Read More 

The Canadian Technician

Who's Going To Win? The Bulls And Bears Show Down Sunday

by Greg Schnell

This week, the markets unilaterally moved in one direction. Some of the underlying indicators are very supportive of additional rally strength to the upside; the $NYHL, for example surged to a level that is usually indicative of a bull market breakout... Read More