Canada: TSX 60 finds support

Canada’s TSX 60 found support at 750. Recovery above 780 would signal an advance to 810*. Another 13-week Twiggs Money Flow trough above zero would confirm strong buying pressure. Reversal below 740 remains unlikely, but would warn of a test of primary support at 675/680.

TSX 60

* Target calculation: 780 + ( 780 – 750 ) = 810

Low TSX 60 VIX readings suggest a bull market.

TSX 60 VIX