Major uptrend for the TSX Index

The 10-week moving average is crossing the 40-week moving average. I would set major support at the 16,000 level. TSX Index weekly chart showing the major uptrend

___________________________

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Your email address will not be published.

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