Identifying the Beginning of a Bull Market in Canada
Part of the Trading For Canadians For Dummies Cheat Sheet
Boost your stock trading skills (and returns) up a notch by learning to recognize the signs of a bull market before your neighbours do. How will you know whether the Canadian economy is entering a bull market? Read on to find out.
Bull markets begin before the economy starts to recover.
Interest rates are low.
Industrial production statistics are inching higher.
Technology and cyclical stocks are starting to rise
Weekly chart of S&P/TSX shows higher highs and higher lows; the MACD line is above the trigger line and rising.
Bullish percent index indicator shows bull alert or bull confirmation pattern.