The TSX 60 continues to test primary support at 640. Positive sentiment on US markets and from Greek election results is likely to fuel a rally. Breakout above 670 would confirm. Breach of the descending trendline would warn that a bottom is forming. Recovery of 63-day Twiggs Momentum above zero would complete a large bullish divergence, suggesting a primary up-trend. Respect of zero, however, would indicate continuation of the down-trend.
