TSX in accumulation range before 2023 breakout.
TSX | USD
Expecting the TSX to show relative strength vs. other major indices due to the dovish BOC policies
and a declining inflationary environment.
Therefore, my bias is a short term correction into the FOMC meeting Dec 15th where the 19250 should hold as support into a reversal
targeting 20,500.
Expecting the TSX to show relative strength vs. other major indices due to the dovish BOC policies
and a declining inflationary environment.
Therefore, my bias is a short term correction into the FOMC meeting Dec 15th where the 19250 should hold as support into a reversal
targeting 20,500.
History doesn’t repeat itself, but it does travel in cycles.