S&P/TSX 60 resistance at 769 but above here 771 should hold a move higher. Only a break above 773 is positive for this market & could target 779/780.
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.
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