The Canadian Technician

The Arc Leads To New Highs

by Greg Schnell

After 7 days of trying to break above, we finally notched new highs on the $NDX! I kept wondering if we would ever get to the land of the new high ground! Apple (AAPL) was one of the stocks powering higher, giving us a path over the zone of resistance... Read More 

The Canadian Technician

Software Stumbles

by Greg Schnell

The software names have had a rough go of it lately, and that drama continued Friday. The industry group had another down day, kicking off Monday on a muted note... Read More 

The Canadian Technician

Skipping Stones

by Greg Schnell

The markets were up this week on trade deal optimism. The 1-hour chart below shows a Friday rally that gapped up, but then stalled out and lost 20 S&P points heading into the close... Read More 

The Canadian Technician

Downward Pressure Continues

by Greg Schnell

While Friday had a big beautiful rally, it was not enough to flip my indicators positive. Though there was a significant bounce, there were also lower lows and (mostly) lower closes on the week. Globally, it was a sell-fest... Read More