The Canadian Technician December 29, 2018 at 04:49 PM
The selling finally stopped on the indexes. After the quadruple witching of last Friday, traders had to endure one more day of selling on Monday, December 24th. After that, though, the market recoiled and gained back a few days of losses... Read More
The Canadian Technician December 23, 2018 at 02:55 PM
There were few places to hide in this week's tsunami of lower prices. Commodities had a lot of ominous moves, Copper broke down and Oil suffered a massive 11% down week. Rare earth metals, such as Lithium, Steel and Aluminum, all moved lower... Read More
The Canadian Technician December 20, 2018 at 09:51 AM
In this article, I'll be covering some of the sentiment charts for the broad market. The Equity Put Call ratio ($CPCE) is experiencing in the top 40 spikes of the past 15 years. Take notice of the groupings - the majority are bunched around major market lows... Read More
The Canadian Technician December 15, 2018 at 05:12 PM
With the markets plunging hard to close out the week, it was interesting to see some of the banks trade slightly better than the overall index drop on the day. The Fed meeting Wednesday and the quadruple witching day for options on Friday are some catalysts for a change in trend... Read More
The Canadian Technician December 09, 2018 at 07:55 PM
In what was a rough period for equities in general, Gold managed to have a great week, following through on its breakout. Oil continued to hold in the 50s, while the $USD made a second lower high on the daily line chart... Read More
The Canadian Technician December 06, 2018 at 05:28 PM
With the volatility surging, the indexes have really been flopping around. The $TSX continues to struggle. The outside bar forming after Thursdays wild ride is not bullish. The intraday action was better on Thursday, but we will need these levels to hold... Read More
The Canadian Technician December 03, 2018 at 01:04 AM
With the futures setting up for another big surge, last week doesn't seem as important. But there were lots of important charts. First of all, let's review what happened. In the Commodities, US crude oil went up a little, the Canadian crude went down a little more... Read More
