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larry47
May 17, 2017 3:05 PM

TSX Long Term Bearish View Short

S&P/TSX Composite indexTSX

Description

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.

Comment

Bearish trend is manifesting itself

Comment

TSX drops below 15k today. Still heading down
Comments
SMac
WRONG.
SMac
Way off. Waaaaaaaaaaaaay off.
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