For FullyInformed members here is the Market Direction Outlook for the Toronto Stock Exchange for Tuesday Feb 23 2016.
Unfortunately I caught the flu bug early Sunday Morning and was unable to post the TSX Market Direction Outlook for Monday. I’m starting to feel better after sleeping for what seem like two solid days. Here is the TSX outlook for Tuesday.
Toronto Stock Exchange Rallies 32.23 Points
The action for Monday in the TSX all took place in the first hour of trading. The chart below shows the action for the TSX today. The market pushed to 12984.72 in a drive to reach 13,000, first thing in the morning. The TSX 15 minute chart below shows the push attempt. A second attempt at 10:30 had declining volume and the advance was pushed lower by sellers sitting at 13000 on the TSX. 13000 and 13500 are resistance levels presently.
TSX Market Direction Outlook for Feb 23 2016
FullyInformed Members can login through this link to read the latest market direction outlook for the Toronto Stock Exchange or they can sign in to the full members site here. Non-members can join here or review the benefits of a membership.
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