The Canadian Technician

Commodities Need To Bounce Here

by Greg Schnell

Here is the chart of Copper (CPER) trying to hold at support this week. One of the problems showing up is that all the commodities are breaking down. Support is right here, right now. The reason it is called support is because the chart has bounced here before... Read More 

The Canadian Technician

Actually, Utilities Lead The Week

by Greg Schnell

It was another big week around the world, with almost all the global markets up big. While the Shanghai closed down marginally, all the commodity countries soared. If the Fed is trying to get inflation going, perhaps this is leading us down the road... Read More 

The Canadian Technician

Gold Surges, Miners Don't!

by Greg Schnell

Usually, in a big uptrend, gold miners will outperform the shiny metal itself. With the video I produced at year-end for Gold, I mentioned that one of the caution signs was a PPO that was correcting below the trend line but above zero... Read More