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Small Cap Stocks – Reverse Head and Shoulders Pattern

Posted by nexvucapital on September 6, 2013

We have provided the Long-Term chart for the Canadian Small Cap Index to draw your attention to the formation of a Reverse Head and Shoulders Pattern. The Canadian Small Cap Index has a high correlation to global growth for obvious reasons when one looks at the concentration of resource companies in the Index.

CDN Small Caps

 

For those unfamiliar with this Pattern we provide the following guide:

reverse-head-and-shoulders-break

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