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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
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Monday, October 03, 2011

Canada's TSX now in technical bear market territory...

Canada's Toronto Stock Exchange Index, TSX, is currently down 20.84% from its April closing high and is now in technical bear market territory (this was written before today's close at 2:29 p.m. EDT).

P.S. The TSX closed today at at a low for 2011. As shown on the Weekly chart below, it is approaching a major support level at 11000. The  next support level below that is at 9500.