Friday, March 26, 2010

Updated Transports and the TSX

This time using the daily, it's crossed over the almost vertical support line since Feb, touching on a fib fan line from the top last June. Couple of points to watch are the 61.8% Fib @ 4237 and the yellow support line which should be touched in April @ around 4250-4300.

And this is the TSX - 5yr daily.  61.8% Fib is @ 12,223, Fib fan at 12,240.  Weekly does not look quite ready to rollover, but the dailies already have. Yellow support line is key once again.

No comments:

Post a Comment