The Canadian Technician January 31, 2012 at 02:43 PM
The Never ending question of timing the market is a technicians dream. Knowing when you have hit a high, knowing when you have hit a low. Or knowing your on the wrong side of the trade because the Fed just stepped in... Read More
The Canadian Technician January 30, 2012 at 01:31 PM
Once again, the USD currency is dominating the market moves today. Slight change in direction in the $USD, and everything followed. The recent pullback in the USD has been aggressive. BUt look at bounce off the fibonacci retracement line... Read More
The Canadian Technician January 27, 2012 at 11:35 AM
Today the blog is puzzled. Overbought indicators are rolling over... Telling me to get out of Dodge. Price action....telling me to get out of Dodge. Actual price change, saying things are ok... Read More
The Canadian Technician January 26, 2012 at 10:43 AM
Well Yesterdays FOMC meeting was interesting. The data came out earlier than I was expecting.I was also surprised that the Fed was so focussed on generating inflation and avoiding deflation at all cost it seems... Read More
The Canadian Technician January 25, 2012 at 04:16 AM
Look at this collection of charts, all at an interesting place in time Here is the $COPPER weekly. Notice the thin black line right at this $3.80 level. Here is $GOLD... Read More
The Canadian Technician January 23, 2012 at 01:19 PM
OK which one am I talking about? THe Nat gas trade or the long bond trade? Well, it's the long bond trade. Here is a picture of the daily zoomed in on the latest time period. So this is clearly a breakout... Read More
The Canadian Technician January 20, 2012 at 09:55 AM
Today, Let me present a simple chart of the $SPX from February 1 to August 1,2011. Then let's use the logic for the TSX. Then we'll take it back to the SP500... Read More
The Canadian Technician January 18, 2012 at 10:30 AM
I'm driving through the gas fields of southern Alberta today. Temperature is -32 C or minus 25 F. How can Natural gas pricing stay this low...I don't know. But here is the real question... Read More
The Canadian Technician January 17, 2012 at 11:47 AM
$Gold This shiny metal is really keeping us guessing as to where it is going. Today marks another very important point on the chart. Let's drill into it and see what's going on. Here is the same chart zoomed in on the final year... Read More
The Canadian Technician January 16, 2012 at 01:34 PM
Here are the Canadian Sector charts. Here is the second group. Very interesting checking out the charts together. What do I see here? I see Rim heavily influencing the Tech chart for Canada at the top... Read More
The Canadian Technician January 12, 2012 at 02:59 PM
Here is the $BPGDM chart. This chart shows what percent of gold mining stocks are on a buy signal on a point and figure chart system. I am not bullish on $GOLD due to the $USD strength. But the indicators are saying buy the gold miners - or at least trade the index... Read More
The Canadian Technician January 12, 2012 at 04:40 AM
The Canadian Financial sector has been in the news lately and there have been some big gainers. Seasonally, they get a bid going into Canadia RRSP season. Interestingly, the BNS ticker was the strongest a few months back. Now the Royal Bank has literally launched higher.... Read More
The Canadian Technician January 10, 2012 at 08:17 AM
Today I want to present one chart. This is the index for the top 100 stocks on the Nasdaq. The Ticker is the $NDX. Why does The Canadian Technician bother to plot the Nasdaq 100? Well, it tends to be a composite of some of the exceptional stocks in Technology... Read More
The Canadian Technician January 09, 2012 at 04:39 AM
Well, I had a great holiday and I hope you did too. We are back in the saddle, scrawling the blog for 2012! One of the first blogs I wrote was on Dr. Copper. I've attached that chart here. Well, 3 and 1/2 months later, we are back to the same level... Read More
