S&P/TSX 60 at Key Resistance

In today’s Canadian Market Minute, we revisit the XIU chart. Support held at the $12.50-$12.75 focal point and sparked a bounce that is retesting the key $13.50-$14.00 focal point. It is important to observe if the Canadian market will reject this level, as that would open the window for a new sharper decline. Please watch our Canadian Market Minute for more details.

http://www.optionsource.net/mediaplayercanadian.php

For more information on the XIU options click on the link below:

 http://www.m-x.ca/nego_cotes_en.php?symbol=XIU*&image.x=15&image.y=8

Regards,

Patrick Ceresna  

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