The Canadian Technician November 29, 2012 at 03:48 PM
I found these through various searches today. If you enroll in SCU you'll find charts like this every day! They all look stellar depending on your trading style. I didn't link them, but you can easily look at them with your favorite settings... Read More
The Canadian Technician November 29, 2012 at 08:25 AM
Copper made 5 week highs today. Which is probably why the mining stocks started to accelerate. Copper is called Dr. Copper because of its ability to forecast economic turns. I like seeing a 2 week high on sensitive stuff like copper. This huge breakout is big news to me... Read More
The Canadian Technician November 28, 2012 at 06:53 AM
This is one of my favorite methods of analysis. I like to stay aware of the MACD levels relative to historical norms. The Green arrows represent bounces from this level that happened in the SEP/OCT/NOV time frame... Read More
The Canadian Technician November 27, 2012 at 04:53 AM
A local family was out for a walk in the mountains yesterday. They accidently found themselves near a bear. They were surprised and so was the bear. They startled the bear and the bear attacked them... Read More
The Canadian Technician November 23, 2012 at 03:08 PM
Do you ever look at a chart and go....'wow...did that ever move..... Read More
The Canadian Technician November 21, 2012 at 02:37 PM
Took a brief tour of the charts this morning and AG pops up as interesting. This chart is a compendium on Technical Analysis. Lets start with the RSI. The runup in July tagged 70 so we associate that with a new bull market... Read More
The Canadian Technician November 19, 2012 at 12:39 PM
CNQ exists as a bright spot in Canadian Exploration. A massive company built by investing when everyone was scared and trying to do things differently... Read More
The Canadian Technician November 16, 2012 at 05:35 AM
Textbooks are written about trading. Some don't see enough investors eye balls. This chart has some serious technicals right now. Let's watch Apple to see a trade progression here over the next few weeks. OK a few things have happened... Read More
The Canadian Technician November 14, 2012 at 02:34 PM
Copper has spent the week wobbling above this major upsloping trendline. It has fallen almost 10% since September. If this starts to split, we'll be staring at a significant downside move. Copper continues to test this neckline... Read More
The Canadian Technician November 09, 2012 at 11:49 AM
The $TSX has recently started to outperform the $SPX. THe Purple area is the SPURS. Relative Strength to the $SPX. It is pushing up. However, the $TSX is stuck in this channel. A breakout to the topside would mark a commodities breakout. A break down is very important... Read More
The Canadian Technician November 07, 2012 at 04:59 AM
I am not a banker. I rarely write about the USA bank sector. Today is a new day! Here is a view into the Financial Sector in the USA. I don't think we should change the ticker to CLIFF just yet, but this appears to be breaking down... Read More
The Canadian Technician November 02, 2012 at 05:51 AM
The world is married to the $USD as it holds the 'reserve currency' status. I don't know that we say the wedding vows to it, but it is still the main venue when signs of stress appear. Of course, I would not try to link marriage to stress! That is taking the analogy too far... Read More