Technical Forecast for SXF
S&P/TSX 60 broke 720/719 & held above 710.80/30. Resistance at 719/720 then 724/725.
Support at the 100 day moving average at 711.80 then Fibonacci support at 710.30 but below here look for 707.70 then we can fill a gap at 705.90.
The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.