Intermediate trend is still down for the TSX
I am still waiting for a convincing (+2%) consecutive two-day close above 13,500 to set-up a test of major resistance at 14,300.
Reference the previous analysis for the TSX Index.
Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.