BANK OF NOVA SCOTIA - BNS
Monthly chart continues to show weakness, with price well below its key moving averages. No buy signal/pattern evident on this timeframe. Look for lower still.
TORONTO DOMINION BANK OF CANADA - TD
Monthly chart continues to show weakness with price well below all key moving averages on this timeframe. No buy signal/pattern evident on this timeframe. Look for lower still.
BANK OF MONTREAL - BMO
Monthly chart continues to show weakness with price below all key moving averages. No buy signal/pattern evident on this timeframe. Look for lower still.
ROYAL BANK OF CANADA - RY
Monthly chart continues to show weakness and price remains below all key moving averages. No buy signal/pattern evident on this timeframe. Look for lower still.
Sunday, November 16, 2008
Canadian Banks - Update for 11.16.2008
CIBC (Canadian Imperial Bank of Commerce) - CM
Monthly chart continues to show weakness, with price well below all key moving averages on this timeframe. No buy signal/pattern evident on this timeframe. Look for lower to come.
Posted by TraderZ at 11/16/2008 10:11:00 AM
Labels: Bank of Montreal, Bank of Nova Scotia, BMO, bns, Canadian Imperial Bank of Commerce, CIBC, CM, Royal Bank of Canada, RY, td, Toronto-Dominion Bank
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