S&P/TSX COMPOSITE INDEX -$TSX-TC
Monthly chart remains extremely bearish with index well below all its key moving averages. No buy signal/pattern evident on this timeframe. 
Weekly chart remains bearish with index trading well below all its key moving averages and the down trendline in place. No buy signal/pattern evident on this timeframe.
Daily chart shows that the kicker signal identified on Monday this week was a powerful signal of downside weakness. Index is currently right at the key LIS. IF this doesn't hold, THEN look for more downside pressure. First downside target is at the 1.27 fib retracement level of 7148.62. No buy signal/pattern evident on this timeframe.
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