TSX Composite Index ( CANADA ) ON THE MOVE ! 30th Nov 2008

The S&P/TSX Composite Index is an index of the stock (equity) prices of the largest companies on the Toronto Stock Exchange as measured by market capitalization. The Toronto Stock Exchange listed companies in this index comprises about 71% of market capitalization for all Canadian-based companies listed on the TSX.
TSX ( Cmp 9270 ) has clearily given a close above the short term trendline ( refer to above chart ), which indicates a breakout and ready for a fresh upmove. Also all the oscillators are in buy mode which confirms the trend reversal signal. TSX index is exected to remain strong incoming days. Target for TSX index is 9674-10290-10947. Support 8907-8469-8277.