The Canadian Technician

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About the author: , CMT, MFTA is Chief Technical Analyst at Osprey Strategic specializing in intermarket and commodities analysis. He is also the co-author of Stock Charts For Dummies (Wiley, 2018). Based in Calgary, Greg is a board member of the Canadian Society of Technical Analysts (CSTA) and the chairman of the CSTA Calgary chapter. He is an active member of both the CMT Association and the International Federation of Technical Analysts (IFTA). Learn More

Latest Posts

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 

The Canadian Technician

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Nasdaq Month-End Analysis

by Greg Schnell

After a choppy period between the June Fed low and the recent Fed meeting, we finally got a market resolving to the upside. While everyone has flipped to bullish, with Apple, Amazon and Microsoft pushing the indexes up, let's check our work...Read More 

The Canadian Technician

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The Sector Rotation Model is Working Nicely

by Greg Schnell

The market is a moving target, where something new is starting to run and something that was working starts to fail. It's very frustrating for the buy and hold investor, but, for the technical world using risk management techniques, it is a continuously morphing event...Read More 

The Canadian Technician

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Can Oil Start To Rally?

by Greg Schnell

One area that has sold off extremely hard is energy, but many of the stocks are holding near their 200-DMA. If this was a long-term rally, with a deep low down at the 200-DMA, this is where we would expect a bounce. Here's an example of the oil chart on the 60-minute time frame...Read More 

The Canadian Technician

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Rally Continues to Form

by Greg Schnell

Previously, I discussed the "follow-through day" concept. The problem we had was the strong pullback on June 28th cancelled the follow-through day. However, we are working our way higher as the market continues to make progress, climbing off the lows of last week...Read More 

The Canadian Technician

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Commodity Reckoning

by Greg Schnell

Commodities have been a standout for two full years since the COVID lows. However, the charts faced some significant hurdles this month. This article presents a new look to the commodity charts that could help equities...Read More 

The Canadian Technician

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Rough Seas Leave Investors Frustrated

by Greg Schnell

The stock market is not necessarily the cleanest, easiest way to make money. When the sails align with the wind direction, it can be swift. When the wind switches, just tacking can be hard work. Wednesday morning finds us rapidly tacking to maintain our position...Read More 

The Canadian Technician

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An Investor's Look Back for 2022

by Greg Schnell

As we approach the end of June, now is a good time to look back over the market to see what has been happening. The price action is in the bottom right corner of the charts, whereas, at the end of 2021, it was in the top right corner of the charts...Read More 

The Canadian Technician

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Is This Commodity a Larger Signal?

by Greg Schnell

More experienced investors have a feel for the swings in the market. Bear markets are very difficult to trade, and there is an important reason. When an investor has a big winner, they generally don't like to sell them, as they still see the uptrend resuming...Read More