Canada: TSX 60

Canada’s TSX 60 index found strong support at 700. Rising 13-week Twiggs Money Flow signals buying pressure. Recovery above 720 would indicate a primary advance to 820*; follow-through above 730 would confirm.

TSX 60 Index

* Target calculation: 720 + ( 720 – 620 ) = 820

2 Replies to “Canada: TSX 60”

  1. It looks as tho’ you have a 50% corr. so far with resistance at June low,at approx 60%, It’s quite possible there is a little more to go. You dont show any more indicators as a further backup such as DMI, do you use other indicators to establish more evidence ?

    Walter

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