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Daily Archives: September 7, 2011
Test and fail, test and fail, rinse and repeat?
Technician Cory provides this updated look at the Canadian TSX composite as a barometer for the global risk trade and notes that since the peak last March, each interim rally has failed at previous resistance and broken lower. This is … Continue reading
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Bounce day (again) as the global financial crisis billows
This PBS feature includes good discussion on some of the key dynamics prompting the global cyclical bear market in risk assets today. There is also a growing realization that the US debt ceiling is approaching the limit again in early … Continue reading
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