Here are the afternoon investing strategy notes for the Toronto Stock Exchange for October 27 2014 as stocks head into the close. Pressure continues to keep the TSX trading below the 200 day exponential moving average (EMA) as the rally is starting to run on fumes only.
The latest run-up in Toronto stocks was decent, but stocks are still stuck trading sideways and warnings signals keep mounting. Hopefully stocks can build strength here to move higher but if New York moves lower, Toronto could pullback harder.
The rest of this article is for FullyInformed Canada Members.
TSX Trade Ideas and Afternoon Investing Strategy Notes for Oct 27 2014
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