TSX Index decisively broke the 13-month support today (visible in weekly chart) amid the US political turmoil.
In a longer term, a contracting triangle pattern still holds. The all time high 15943 on 2017-02-20 is behind us. The market could be heading to 13000 at the long-term support level.
In a longer term, a contracting triangle pattern still holds. The all time high 15943 on 2017-02-20 is behind us. The market could be heading to 13000 at the long-term support level.
Comment:
Bearish trend is manifesting itself
Comment:
TSX drops below 15k today. Still heading down