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Notable downturn in stock index futures

Published 2024-04-25, 08:53 a/m
DJI
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BA
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CL
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TSLA
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GSPTSE
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VIX
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As of yesterday, the VIX has declined further, closing the day with a sell signal, indicating potential support for rising stock prices.

Both the Dow and TSX 60 concluded Tuesday with new daily buy signals, suggesting a continued rally, albeit on lower volume, which appears to be a risk-off movement.

Highlighting the news this morning, Tesla (NASDAQ:TSLA) and Boeing (NYSE:BA) are significantly influencing stock index futures.

In commodities, both crude oil and gold are trading lower in the pre-market, which could potentially restrain the Canadian market today.

On a positive note, Canadian telecommunications stocks are beginning to move out of the doghouse.

This content was originally posted on the Stock Market Timing YouTube Channel

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