TSX Index closed at 12445, which historically is a HUGE Level!

The Canadian TSX Index ended the week at 12445, which is a HUGE level, historically, in terms of support and resistance We have had a significant t-line break in the past few weeks and TSX bulls will be hoping for some kind of support at 12445. However, if we observe more weakness and the Index breaks confidently below 12445, then expect another brutal down-leg towards 11135.