SXF: Outlook Negative With First Resistance At 873/872
Jason Sen | May 14, 2015 06:46AM ET
S&P/TSX 60 outlook negative with first resistance at 873/872 but above here, 878 could hold a move higher again today. On a break higher however look for resistance at 883/884. A good chance of a high for the day but above here look for minor resistance at 887/888. Only above here puts bulls back in control to target 891 then 894/895.
Failure to beat 873/872 retests good support at 867/866. longs need stops below 863. Be ready to go with a break lower to target support at 855/854. Longs need stops below 851.
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