derekh42

TSX closes below the 200 simple moving average.

TSX:TSX   Indice S&P/TSX Composite
Bond yields, and the new trade deal the TSX looks very bearish. lets chat about it what are your thoughts? I think we will trend lower and continue this trend through RED October. The high in January looks like a shoulder and the recent high looks like the head. I have been thinking we would hit a correction in October and one more bull rally December and January to finish off the 2nd shoulder. I am %70 percent cash and %30 in the market currently waiting on the week to see what happens if the tsx pulls up or drops lower below the 200. Any thoughts

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