On Tue Jan 30 2018 the TSX Composite Index continued its decline and broke through the 16,000 level. It closed down 139 points on top of Monday’s 144 point loss, ending the day at 15,955.51
Here is the Canadian Stock Market outlook for Wed Jan 31 2018, along with a review of Tue Jan 30 2018 Market Breadth Indicators and a number of trade ideas I am watching.
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 Wed Jan 31 2018
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