Points to monitor on the TSX daily chart
Cash is king in this market.
Reference last weeks analysis of the TSX Index using the weekly chart.
Relevant articles picked from the Web:
- Managers sell highest paying dividend stocks — Financial Post — Dec 19, 2011
- Manulife downgraded amid reduced outlook for lifecos — Financial Post — Dec 20, 2011
- Scotia raises gold outlook, upgrades Barrick — Financial Post — Dec 20, 2011
- Why gold has lost its luster — Fortune — Dec 20, 2011
- Bond ETFs confuse you? Here’s a simple guide — Globe Investor — Dec 16, 2011
- In search of cheap stocks that could rebound — Globe Investor — Dec 20, 2011
- Three big risks the world faces in 2012: HSBC — Financial Post — Dec 21, 2011
- Where to put your money in 2012 — Financial Post — Dec 23, 2011
- Why 2012 may be nothing to look forward to — Financial Post — Dec 23, 2011
The main purpose of TradeOnline.ca is a starting point for your own chart analysis. Technical analysis serves as a guidepost in your daily investment analysis and is used in conjunction with fundamental analysis. There is no magic formula for making profits when you trade online in the stock market. We are all students of the market, and one should never give up reviewing and learning the basics. Visit the Advanced Chart Settings and customize BigCharts so you can review different time periods.
Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.
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