Canada: TSX60 finds support

The TSX 60 found support at 700, with 13-week Twiggs Money Flow — oscillating above zero — reflecting continued long-term buying pressure. Expect a test of the 2012 high at 725; breakout would signal a primary up-trend. Reversal below 700 is unlikely but would warn of another test of primary support at 640.

TSX 60 Index

* Target calculation: 725 + ( 725 – 640 ) = 810