Reviewing the Toronto Stock Exchange 6-month chart from a technical analysis perspective.  The analysis shows that the recent channel upward has been significantly broken by last week’s dramatic fall in prices.

Market prices have broken through two lower support levels and are now heading towards a 3rd support level.  Barring anything significant news on Greece, we should see the support come in around this level.

Clearly, the video format is new here at the Canadian Penny Stocks blog and I would like to hear how you like the format.  Happy trading.

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