Saturday, December 27, 2008

$TSX-TC Update for 12.27.2008

S&P/TSX INDEX - $TSX-TC

Monthly chart continues to show weakness with no buy signal/pattern evident on this timeframe.

Weekly chart continues to show weakness with the bears managing to erase the meagers gains made by the bulls the week before.


Daily chart shows weakness and consolidation, with the bulls unable to gain much traction to the upside.

1 comment:

Mark Fredrickson said...

Great blog! Your stock chart analysis seems to be spot on. Good work. I'll be stopping by!