TSX breakout

Canada’s TSX 60 broke through resistance at 740, signaling a long-term advance to 800*. A trough above zero on 13-week Twiggs Money Flow would confirm strong buying pressure. Reversal below 740 is most unlikely, but would warn of a bull trap.

TSX 60

* Target calculation: 740 + ( 740 – 680 ) = 800

TSX 60 VIX below 15 suggests low market risk.

TSX 60 VIX