TSX Market Direction Outlook For July 17 2014

The outlook for Wednesday was for the TSX to move lower. Instead the reports of growth out of China at 7.5% was enough to bump up oil, gold and metals which meant the TSX would bounce higher. This is the problem with technical indicators for the Toronto Stock Exchange. Technical indicators look at the past to predict the future. They cannot look at an event that may or may not happen and factor that into the outlook. To compensate for this I will also be including a personal assessment that looks at the Toronto Stock Exchange beyond the technical indicators to give a more rounded analysis of where the Toronto Stock Exchange is heading. I will then tie the daily Toronto Stock Exchange Market Direction outlook into the market direction portfolio trades.

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TSX Market Direction Outlook for July 17 2014

FullyInformed Canada Members can can login directly through this link to read the market direction outlook for the Toronto Stock Exchange for July 17 2014 or FullyInformed Canada Members can sign in to the full members site here. Investors can join FullyInformed’s Canada section or read about the benefits of being a member through this link.

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