TSX Index at all-time high and is struggling to hold the major support zone

Which is above the old intra-day high of 16,586 or the old closing high of 16,567. The best we can hope for in the near-term is a consolidation above this support zone.

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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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