TSX Composite Index – Market Breadth Outlook For Apr 20 2017

TSX Composite Index Market Breadth Outlook

Wednesday Apr 19 2017, saw the TSX jump at the outset. It pushed to 15,683 within a few minutes of the open.

But market breadth at the open was poor and stocks began to weaken. By 10:30 they were starting to turn negative and declining volume and the percentage of declining stocks was rising. This brought in some buying which tried to turn the TSX Composite Index higher but failed.

The remainder of the afternoon market breadth continued to weaken until the market moved back to the lows seen on Tuesday over the lunch hour. The index closed down 69.69 points.

This article looks at the market breadth indicators from Apr 19 2017 and views the outlook for Thursday Apr 20 2017.

The TSX Composite Index Market Breadth Outlook for Tomorrow is for FullyInformed Members.

TSX Composite Index Market Breadth Outlook for Apr 20 2017

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