TMX: SXF, OSP60 S&P/TSX 60 Index Long Term Forecast, SELL(Short) - Stock trading today
The Canadian stock market has been declining, as expected in June. It is likely to drop more. At this moment, it is better to watch where it rebounds to. If it rebound to about 900, then it seems that we should find opportunity to sell. The Canadian economy is unlikely to improve. However, very few large companies will be better.
S&P/TSX 60 Index Forecast and Trading (TMX:SXF, OSP60) :
Long Term SELL(Short)
Eentry Price above 897.96
1st Target Price 790.1 (+107.86pt, +12.01%)
2nd Target Price 668.93 (+229.03pt, +25.51%)
Stoploss Price 919.38 (-21.42pt, -2.39%)
[TSX 60 Index monthly chart, TMX: SXF, OSP60]
S&P/TSX 60 Index Forecast and Trading (TMX:SXF, OSP60) :
Long Term SELL(Short)
Eentry Price above 897.96
1st Target Price 790.1 (+107.86pt, +12.01%)
2nd Target Price 668.93 (+229.03pt, +25.51%)
Stoploss Price 919.38 (-21.42pt, -2.39%)
[TSX 60 Index monthly chart, TMX: SXF, OSP60]