Technical Forecast for SXF


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S&P/TSX 60 took a dive just as we noted being overbought on the daily chart & warned of risks for a sell off this week. We hit our buying opportunity perfectly at 720/719 to bottom exactly here. A bounce is unlikely to go too far with resistance at 724.70/90 but above here look for a selling opportunity at 728.00/20.

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Good support at 720/719 could hold the downside again today but longs need stops below 718. A break lower cannot be ruled out and could target support at 715.70/60 then a buying opportunity again this week at


710.80/30.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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