Canada stock investors, beware. The surge in the S&P/TSX Composite Index on easing trade tensions, renewed optimism about the approval of the U.S.-Mexico-Canada free trade agreement and continued economic growth has brought it to its most overbought level in 14 years. The benchmark is up 3% already this year, registering five consecutive record closes in the process, and its 14-day relative strength index breached 81 on Friday, well above the 70 level that technical traders use to indicate a
— Read on www.bloomberg.com/news/articles/2020-01-20/meteoric-rise-in-canadian-stocks-starting-to-look-rocky-chart
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