TSX 60 - Relief rally, or the start of something more.
We've been climbing through some of these downtrend channels. It would be significant if we could break above that upper downtrend channel line at about 770. Then we might start watching the 800 level for another landmark. On the other hand, another downtrend from here would be just more of the same downtrend we've been in since last May.
We've been climbing through some of these downtrend channels. It would be significant if we could break above that upper downtrend channel line at about 770. Then we might start watching the 800 level for another landmark. On the other hand, another downtrend from here would be just more of the same downtrend we've been in since last May.
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