Canada: TSX Composite

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Canada: TSX Composite...
The TSX Composite displays rising Momentum.

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..... but bearish divergence on Twiggs Money Flow from the $CADOW continues to warn of a correction. Penetration of the (olive) rising trendline would strengthen the warning, suggesting a test of the longer-term (green) trendline.

[setravis]

Canada: TSX Composite...
The TSX Composite continues its advance towards the 2008 high of 15000, with Twiggs Momentum holding above zero.

[setravis]

But Twiggs Money Flow (21-day) reversal below zero on the $CADOW (following a bearish divergence) would warn of a correction.

[setravis]

Canada: TSX...
The TSX Composite recovered strongly, but reversal below the lower trend channel (13900) would indicate another test of support at 13500. Twiggs Momentum holding above zero remains positive.