TSX Index candlestick chart

Gravestone Doji and 13,500 resistance on the TSX daily chart
TSX Index daily candlestick chart highlighting the gravestone doji and the resistance level of 13,500.

TSX Index Daily Candlestick chart courtesy of StockCharts.com

I am not surprised to see the gravestone doji on the today’s TSX candlestick daily chart. The doji is a significant reversal indicator. It indicates that the near-term trend that started on Monday has ended at the major resistance level of 13,500. Like I said, this is no surprise.

Reference previous posts for the TSX Index showing the 13,500 resistance level.

Natural Gas Monthly Price – US Dollars per Million Metric British Thermal Unit Nov,1993-Nov,2013

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