Canadian Banks (UPDATE)Canadian bank stocks haven't really moved in 2 years. This consolidation has confused both bulls and bears, but it will come to an end by the end of this year (2020). Breaking above the all-time high will be a big buy signal, as it will indicate that the cyclical bull market is still intact. However
TXBA (Canadian Bank Index) - 60% Countercyclical Short Trade?Hey traders,
Similarly to the US and EU, the Canadian economy is now expressing signals of running into a brick wall.
Canada's yield curve sits on the cusp of inverting for the first time in a decade... banks will increasingly become reluctant to lend as Canada's term structure turns negative. Thi
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Displays a symbol's price movements over previous years to identify recurring trends.