The decline today in the Toronto Stock Exchange was held at 25.91 points lower. While at one point the DOW Index looked ready to break below 150 points, Toronto stocks showed decent resilience despite a rising US dollar and declining oil and commodity prices.
Support levels are technical broken with the TSX and it could take some time to rebuild support levels and investor confidence in Canadian stocks.
Here is my outlook heading into Tuesday December 16 2014 for the TSX. This TSX market direction outlook and trade ideas is for Canada Members.
TSX Market Direction Outlook for Dec 16 2014
FullyInformed Canada Members can login directly through this link to read the market direction outlook for the Toronto Stock Exchange for Dec 16 2014 or members can sign in to the full Canada members site here. Investors can join FullyInformed’s Canada section or read about the benefits of being a member through this link.
Internal Stock and Option Trades Links
Put Selling Strategies For Members
Covered Calls Strategies For Members
Profit And Income Strategies Index
Stock and Option Strategies For Members
Stock And Option Trades Explained For Members