Technical forecast for SXF

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.

Jason Sen began his career in the options pits on the trading floor of LIFFE in 1987 at the age of 19, making markets on his own account. In 2001 when the trading floor closed he successfully made the transition to day trading on computer screens. Jason always had an interest in technical analysis throughout his trading career but began to study this area in depth from 2006. www.daytradeideas.com has established itself as the leading provider of... More