TSX back to the trading range of 12,200 to 12,500
The resistance level of 12,200 identified on the last chart of the TSX Index is now the support level. The reversal of roles is an important concept in technical analysis.
Relevant articles picked from the Web:
- RBC’s top picks for 2013 — FP — December 20, 2012
- Coal to rival oil as dominant energy source by 2017: IEA — FP — December 18, 2012
- David Rosenberg reveals his 2013 market call — FP — December 18, 2012
- Oil industry faced with ‘serious challenge’ as pipelines fill up, TD warns — FP — December 17, 2012
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