S&P/TSX Composite Index can test Minor Resistance Levels

TSX:TSX   S&P/TSX Composite Index
When we look at Canadian instruments during the Autonomous LSTM Adaptive period:

We see a cheapness in both stock markets and currency.
Even though I have a positive opinion about the target, let's try it out in small quantities and leave more position size in case of a second try on negative scenario.
This analysis can be more risk-free with the following parameters:

  • Position Size : %1 for Index Futures or Small percentage of Portfolio
  • Risk/Reward Ratio = 1/1.99
  • Stop-Loss : 16911.75
  • Goal : 18032

The unapproved short signal is the leading indicator of volatile movements.
So let's be careful.
Let's leave more room for the second attempt, which, when the circumstances are in our favor, let us gain much more of our loss.

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