The Canadian Technician

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Technicians Are Betting On Red

by Greg Schnell

The stock market is a bull/bear battle every day. Last week as the $SPX touched the 200-day moving average, the market stalled. This week, the market dropped Monday and Friday, creating a big weekly down candle to follow on last weeks stall... Read More 

The Canadian Technician

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Oil and Gas - Calling Crude Oil's Bluff?

by Greg Schnell

Energy investors have been watching a crisis emerge in Europe, while the world tries to share tight supplies since the Russia/Ukraine conflict. On the back of the war on February 24th, oil spiked. Following the immediate spike, oil and oil names have wandered sideways... Read More 

The Canadian Technician

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Compelling Charts Ignore Narratives

by Greg Schnell

One of the hardest parts of investing is changing your mind as the charts change, rather than waiting for the news and the economy to change. Before the CPI print, the market had been stalling sideways for almost two weeks... Read More 

The Canadian Technician

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These Charts Say It's Not Over

by Greg Schnell

Many years ago, I developed a recession chart list. It's a list of 20 or so charts that reverse during recessions. They don't all fire at the same time, but it is a good list to keep track of... Read More