Posts Tagged ‘Analysis’

TSX Weekly Chart Analysis – Can The Index Surge Above 14800

Wednesday, January 28th, 2015

TSX-weekly-chart-analysis-Jan.28.2015
If it breaks resistance at 14800, then it is possible it may go a bit higher towards 15000. However, if it doesn’t then we are looking at a downward move to 14000 and if it crashes through that support then it goes down to next support 13600.

Looking at the weekly chart, the main trend is down, but when it hits a support for instance like 13600 a few weeks back it roared higher…where it is going to go remains to be seen in the next coming weeks.