​​​Canadian Stocks (XIU ETF) trading better than US stocks mainly on commo
and oil​ ​stocks. ​Canadian Markets more volatile than US peers as energy and
​commodities stocks less volatile then US tech stocks. ​
​
​ Some Technical Charts and Short Comments on Canadian financial products:
​1) XIU ETF (iShares S&P/TSX 60 Index ETF) Back above the Major Weekly ​
​Rising Wedge Resistance Trendline 4 weeks ago.
​ (See first chart below - yellow trendline)​​.
​
2​) XFN ETF (iShares S&P/TSX Capped Financials Index ETF)   ​
Broke 15 weeks ago the Major Weekly Support Trendline (orange).​ Weekly
Shooting Star 7 weeks ago. Broke the Weekly Uptrend Channel 6 weeks ago.​
​(See second chart below)​
​
​3) ​XBM ETF (iShares S&P/TSX Global Base Metals Index ETF) ​
Broke a Major Weekly Resistance 28 weeks ago from a ​Weekly Wedge that
​started from July 2014. Bulls need to protect that at all costs. ​​
​(See third chart below - Red Trendlines)​​
​
​4) XEG ETF (iShares S&P/TSX Capped Energy Index ETF)
​Broke 9 weeks ago the Weekly Falling Wedge Resistance that started in December 2016. Weekly Bullish Engulfing Pattern 3 weeks ago. ​​​ (See 4rth chart below - Blue)  

​​​5) Canadian Dollar/ US$ (USDCAD) Broke violently a Weekly Falling Wedge Resistance Technical Pattern 4 weeks ago. ​(See fifth chart below - Yellow Trendlines)​  ​.

6) XBB ETF (iShares Canadian Universe Bond Index ETF)  Still Into a Weekly Falling Wedge (red) and testing the Resistance. ​​​(See sixth chart below)  

7) Canadian VIX Index (​SPTSX60 Volatility) compare to the US SP100 Index VXO is above the Support zone. ​ (See seventh chart below - Grey Trendline). Canadian stocks are now as Volatile than US stocks.
​
8) Natural Gas Futures (NG2-NYMEX) Strong Price Compression within a Weekly Falling Wedge and tested many weeks the resistance and was rejected. ​​(See eight chart below -Yellow trendline).  

​​​9) Light Crude Oil Futures (CL2-NYMEX) Broke 4 weeks ago a Weekly Uptrend Channel Support and back into it. (See ninth chart below - Yellow Trendlines)​.
​
​​The XIU ETF still into a high uncertainty as the Trade War is weighting tremendously on the Canadian FInancial Markets. Canadian stocks as volatile than US stocks lately on energy and commo stocks.

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"To fight and conquer in all your battles is not supreme excellence; supreme excellence consists in breaking the enemy's resistance without fighting."
​
-Sun Tzu, the Art of War