The Canadian Technician

September 2019

The Canadian Technician

The Market Spooks Are Out

by Greg Schnell

When the market is this soft, it's really important to be aware of the macro climate. This week, the market followed through on the softness suggested in my ChartWatchers article. One of the key components of the market has been the large-cap tech stocks... Read More 

The Canadian Technician

Struggling On A Bull - Market!

by Greg Schnell

After I was such a bull on this bounce off the August 25th low, the market momentum ground to a screeching halt. To indicate just how much of a stall we hit this week, the 11-day moving average of the Advance/Decline Percent flipped to negative by Friday's close... Read More 

The Canadian Technician

Global Markets Make New Highs

by Greg Schnell

One of the concerns about the recent rallies in the USA has been the lack of support by the global indexes. While the USA went higher, the rest of the world has been stalled. This week, that began to change... Read More 

The Canadian Technician

A Global Surge!

by Greg Schnell

This week, the markets followed through on some big moves that started during the last week of August. Across the globe, almost every major market was kicking higher. The Canadian market had a little underperformance due to the strong declines in precious metal stocks... Read More 

The Canadian Technician

What Wall Of Worry?

by Greg Schnell

The US market continues to fight off China trade issues and the global slowdown. That's the good news, anyway. The bad news is the market holds a setup similar to last year's oscillation where it broke down... Read More