The Canadian Technician

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$TSX SPURS breaks out! YAHOO!!!!!!!!

The $TSX finally caught a bid after a nasty downdraft.

Sc (1)
This is an excellent move today confirming a push higher. The divergence on the MACD and RSI are very strong. Friday's low looks to be the end of the recent push down. 

Most importantly, the $TSX is outperforming the $SPX as shown by the purple area behind the RSI.

My stock market indicators flipped to a buy signal after market close last night. We'll ride it until we can not!

FInally!

Good Trading,

Greg Schnell, CMT

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