Not an encouraging candlestick pattern on the weekly chart
Reference the last chart analysis for the TSX index based on the daily chart.
Must read articles from the Web:
- Profit from gap between Canadian, U.S. oil prices — FP — September 6, 2012
- Canadian bank investors, keep an eye on Spanish bonds — Globe — September 5, 2012
Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts with other technical indicators. 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.
© 2012 TradeOnline.ca