The drop in the price of oil opened the TSX Composite Index lower this morning.  Oil opened lower at the start but by 10:30 the price of oil was trying to move higher with WTI (West Texas Intermediate) up 29 cents to $37.08 by 10:40. This helped to bring the TSX back to life and stocks are trying to pick themselves back up.

TSX Composite Index Chart – Morning Analysis Apr 4 2016 – Once More Oil

Here is the morning TSX Composite Index Chart analysis to 11:00 AM. The rest of the analysis is for FullyInformed Members as we look at the TSX Market Direction Portfolio, any trade ideas or alerts and the outlook for the TSX Composite Index into the midday, afternoon and the close.

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