TSX Index Poised for Positive Opening Amid Firm Oil Prices

The S&P/TSX Composite Index is poised to start the session on a positive note, tracking firmer oil prices and mixed global market cues. The index settled at 35,489.86 after declining 0.87%, remaining below its 50-day Simple Moving Average of 36,019.81.

The recent price action indicates renewed pressure following an earlier period of stabilization near higher levels. The index continues to trade below the key moving average, keeping the short-term technical structure subdued.

Market direction may remain influenced by global equity performance, commodity prices, precious metals, and broader risk sentiment. Continued weakness could maintain pressure, while stabilization around recent levels may support consolidation during the session.