TSX Index testing support level around 16000

Near-term downtrend for TSX index and now testing a support level around 16000. There is a high probability for a test near the 200-day moving average.

Near-term downtrend for TSX Index.


Technical Analysis is about identifying the trend

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.

© 2019 TradeOnline.ca InvestOnline.ca

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.