Major resistance for the TSX Index is 16,000

Major resistance for TSX = 16,000 at the 40 week moving average and Major support = 15,000 at 10 week moving average This is a weekly chart 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.

© 2020 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Your email address will not be published.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.