200 & 50 day in one fell swoop. The Fibonacci retracement is looking scary. other technicals have a ways to go before being oversold.
12,171 is about the level for the January lows if the TSX is to hold. Another down day like this & 12,000 is very possible.
And we haven't heard the last shoe to drop as far as Greece is concerned. When they ACTUALLY leave the Euro has the market factored this in. They (private lenders) have until Thursday to decide on the amount of the haircut that they will have to take. Good luck on keeping that deadline,