velmunis

TSX growing within a rising channel HSH pattern was expected

Long
TSX:TSX   S&P/TSX Composite Index
TSX
Has managed to broke the September month sell off and managed to broke the upper channel trend line and started to growing in the rising channel .

And the TSX umped after the retracement towards 16280.00 which is a .50 Fibonacci retracement level's currently reached the minor resistance level which is 16500.00 we can expect the value will rise continuously in coming days towards 16840.00 which is a major resistance level at this level major head and shoulder pattern may formed and will fall towards the lower channel trend line

Disclaimer!
This is a next possible movement of the market. Its not a financial advice