Technical analysis of the TSX Index

12,000 is now the critical support level
TSX Index in a near-term uptrend with a breakout above the lateral trading band.

TSX Index 1 Year Daily Bar Chart

A well constructed chart is like a good photograph: both do not require much written explanation to tell the story. Take your cue from the market and trade accordingly.

Reference the last chart analysis for the TSX Index based on the daily chart.

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Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts with other technical indicators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from 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.

© 2012

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