The Canadian Technician April 22, 2022 at 05:09 PM
It's a twisting market, but, typically, the bears don't leave any berries untouched. Within two trading days, the Nasdaq has dropped 6.5%. By any measure, that is a fast move down in an index of some of the largest companies in the world... Read More
The Canadian Technician April 20, 2022 at 04:32 PM
The bond market has been a house of pain as yields moved higher. This week, the 10-year is testing the downtrend line from the infamous top in 2007 before the start of the Great Financial Crisis... Read More
The Canadian Technician April 14, 2022 at 12:25 PM
As the market grinds sideways heading into the end of April, it is a mixed bag as to which direction we are going. Last week, StockCharts rolled out some new features that can really help us see the market in a different light... Read More
The Canadian Technician April 08, 2022 at 04:19 PM
The chart work I do leads me to believe this is a potential "turn the plane around" moment of decision. As the market works to discover if it can go back to the prior highs, so many pieces are uncomfortably weak... Read More
The Canadian Technician April 04, 2022 at 11:59 AM
I published an article recently about the rails gently moving higher, only to have Friday's price action wipe out most of the prior month's gains. That is so frustrating when it happens, but it happens. However, it is always worth looking deeper to see if it is just a bad day... Read More