Canada’s TSX 60 respected support at 772/775, indicating an advance to 800*. Bearish divergence on 21-day Twiggs Money Flow reflects selling pressure during the recent consolidation. A trough above zero would indicate buying pressure, but reversal below zero would warn of a correction — as would breach of short-term support at 772.
* Target calculation: 740 + ( 740 – 680 ) = 800
TSX 60 VIX at historic lows signals a bullish outlook for stocks.
