The TSX Composite Index closed up 101 points to end that day at a new 52 week closing high of 21,087.
The index is now up 21% on the year and 5% in October alone. In the recent correction in US markets, the TSX only pulled back about 2.3% but since then has rallied strongly pushing the index to over 21,000 today. There are some signals today after the close, worth a review by members who invest in Canadian equities or on the Canadian Stock Market.
Here is the TSX Market Breadth Analysis and TSX chart of the Canadian Stock Market outlook for Wed Oct 20 2021.
The Canadian Stock Market Outlook is for FullyInformed Members.
TSX Market Breadth Analysis – Canadian Stock Market Outlook For Wed Oct 20 2021
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