Identifying the Beginning of a Bull Market in Canada

Part of 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.