TSX index in consolidation zone

TSX Index has a positive technical profile and is trading above the 200-day average with the 50-day average above the 200-day. We are now waiting for a resolution of the consolidation zone with the bias to the upside.

TSX Index is above the 200-day moving average and is now in a consolidation zone with the bias to the upside.

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Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

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