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Chart Watch: Why this could be the final 'up-leg' of the bull market

Globe editors have posted this research report with permission of Phases & Cycles Inc. This should not be construed as an endorsement of the report's recommendations. For more on The Globe's disclaimers please read here. The following is excerpted from the report:

The dominant up-trend that has been in place since 2009 appears to have weathered the bears' latest attempt at turning the markets downwards. A new up-leg is likely underway.

This should be the final up-leg of this great bull market. Stock selection will be at a premium as leadership narrows.

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About the Author
President of Phases & Cycles Inc.

Ron Meisels, President, Phases & Cycles Inc., has been active as an Analyst since 1971. He was Vice President and Director of Technical Research of Nesbitt Thomson (now BMO Nesbitt Burns) from 1982 to 1990. He was ranked among the top three technical analysts by Canadian Institutions for six consecutive years (Brendan Wood Survey). More

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