Friday, August 16, 2013

Canadian TSX Stock Market Uptrend Has Begun





All major sectors in Canada's TSX appear to be in the early stage of an uptrend.  Financials, materials and energy sectors are all showing bullish price momentum.  This could result in the TSX leading the S&P 500 for the intermediate term.  The S&P 500 has likely entered in to a period of price consolidation after an almost 2 year uptrend.