S&P/TSX INDEX - $TSX-TC
Monthly chart shows the bears have managed to erase more than 62% of all the gains made since the low of October 2002. The index remains well below all the key moving averages, especially the 8ema. No buy signal/pattern evident on this timeframe.
Weekly chart shows short term support was found by the bulls, who managed to close the index higher than its open last week. The index remains below all its key moving averages. No strong buy signal/pattern evident on this timeframe. Price action indicates consolidation/trading range is highly likely.
Sunday, November 02, 2008
$TSX-TC Update for 11.02.2008
Posted by TraderZ at 11/02/2008 11:21:00 AM
Labels: $TSX-TC
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