TSX Long Term Bearish View
TSX Index decisively broke the 13-month support today (visible in weekly chart) amid the US political turmoil.
In a longer term, a contracting triangle pattern still holds. The all time high 15943 on 2017-02-20 is behind us. The market could be heading to 13000 at the long-term support level.
In a longer term, a contracting triangle pattern still holds. The all time high 15943 on 2017-02-20 is behind us. The market could be heading to 13000 at the long-term support level.
Note
Bearish trend is manifesting itselfNote
TSX drops below 15k today. Still heading down
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.