A monthly chart shows Canada’s TSX 60 headed for its 2008 high of 900 after breaking resistance at 820. Bearish divergence on 13-week Twiggs Money Flow appears secondary, in line with the medium-term consolidation, but a further decline would warn of a correction. Reversal below support at 830 and the rising trendline is unlikely, but would indicate that the primary trend is slowing.
