S&P/TSX 60 continued higher but failed just below strong Fibonacci resistance at 745/745.50 where a high for the day was expected. We are
SXF Forecast for 09 September 2013S&P/TSX 60 continued higher but failed just below strong Fibonacci resistance at 745/745.50 where a high for the day was expected. We are overbought & Friday’s reversal does indicate we have run out of gas. We look for a test of support at 736/735 which could hold the downside today but if we continue lower look for a buying opportunity 731/730.
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