TSX Composite Index – Canadian Stock Market Outlook For Wed Jan 24 2018

Jan 23, 2018 | TSX Composite Index - Canadian Stock Market Outlook

On Tuesday Jan 23 2018 the TSX Composite Index turned negative in the morning and broke through the 21 day moving average reaching a low of 16252 before recovering and push back above this important technical signal. It closed at 16383.78 for a gain of 9.57.

Here is the Canadian Stock Market outlook for Wed Jan 24 2018, along with a review of today’s Market Breadth Indicators and a couple of trade ideas I am watching for Wednesday.

The outlook for the next trading day includes the latest technical review of the prior trading day’s action on the TSX Composite Index.

It also includes the advance decline numbers for the Canadian Stock Market including new 52 week highs and lows, up and down volumes for the day and the percentage of advancing and declining stocks.

It outlines the support levels to be aware of and discusses key aspects of the TSX Composite Index which when combined with the Market Breadth Indicators for the day, assess what investors should anticipate for the next trading day.

The rest of the Canadian Stock Market Outlook for tomorrow is for FullyInformed Members.

TSX Composite Index – Canadian Stock Market Outlook for Jan 24 2018

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