Near-term uptrend for TSX with major resistance at 12,900
TSX Index Weekly Chart courtesy of StockCharts.com
The magic number is the March, 2013 high of 12,904. There is a high probability for a test of the 12,900 major resistance zone.
Reference the last chart analysis for the TSX Index.
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Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.