S&P/TSX 60 needs to hold above 766/767 for a test of 771/772 & a selling opportunity with stops above 775. Below 766 sees support at 763 which could hold the downside.
However below here we look for a buying opportunity at 758/756, but longs need stops below 753 as a break lower risks a slide to good support at 748/747
Weekly outlook: Good support at 756 for a buying opportunity. A return to 780 could be seen this week for a selling opportunity.
Sponsored by TMX Montreal Exchange. SXF Bloomberg code:
However below here we look for a buying opportunity at 758/756, but longs need stops below 753 as a break lower risks a slide to good support at 748/747
Weekly outlook: Good support at 756 for a buying opportunity. A return to 780 could be seen this week for a selling opportunity.
Sponsored by TMX Montreal Exchange. SXF Bloomberg code:
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