The Canadian Technician

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Going Through Individual Charts Suggests This Is What Next!

by Greg Schnell

The market has been trapped in a sideways area for the last 7 weeks. Since April 6th, the market has worked a range between 2750 and 2950. This week, it tried to break out topside and ended up closing back near the top end of the range... Read More 

The Canadian Technician

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Are Your Banks Holding You Up?

by Greg Schnell

US banks took a bit of a hit Monday, as we saw some meaningful selling on high volume. The charts for some of the North American bank industry are holding up, but other banks around the world are barely holding above the lows... Read More 

The Canadian Technician

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Little Known Communications Tech Names Hit New Highs

by Greg Schnell

After the mega-caps announced earnings, the crowd continues to drift towards those names. I was scanning through the May - new highs list - and found a few gems that are just breaking out. I used the phrase "little known," but they are gaining interest quickly... Read More