Tweet By Jeff Pierce The TSX has been dragged down by Gold as of late and is fast approaching support near 12600. The Canadian Index has been strong the entire summer and has stayed bullish when my timing signal for the Dow and Nasdaq both turned bearish, but that could change very soon. It’s still […]
Tweet By Jeff Pierce The sell off in the TSX didn’t come to a surprise to tradewithZEN subscribers as I issued a trade alert to get short the TSX via your etf of choice. It rallied up a little bit more that day and then fell 500 points. It’s a little odd how the TSX […]
Tweet By Jeff Pierce Obviously XHB could fall down to the support zone, but today’s bounce showed that it is still behaving bullish. Financials have barely pulled back. A .50 correction is nothing. Still bearish, but a countertrend rally is not out of the question.
Tweet By Astrology Traders The TSX has been very neutral since the end of January, perhaps signaling consolidation for a breakout or the eerie calm could turn into a sudden storm that no one was expecting or prepared for. While everyone is distracted with Cyprus and Europe, Canada could have it’s own mysterious banking scandal. […]