Saturday, April 19, 2008

$TSX-TC Update for 04.19.2008


Monthly chart shows bulls ready to test the 2007 high.

Weekly chart shows eager buying.

Daily chart shows possible 5 waves up off the March 20th low. Currently, the only chart pattern I see is a 3 wave pattern into Friday's high. Wave a off the January 22nd low has a 3 wave pattern. Will we have profit-taking early next week?

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