Canada’s TSX 60 broke short-term support at 890, warning of a correction. Respect of support at 865 would confirm that the primary trend is intact, while failure would indicate weakness. Reversal of 13-week Twiggs Momentum below zero is unlikely, but would warn of reversal to a (primary) down-trend.
* Target calculation: 900 + ( 900 – 865 ) = 935