High on the Hog

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index surged yet higher, notching a brand new all-time high at 1273.62 before closing at 1264.74 with a gain of 11.5 points.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index continued its nearly two-month-long uptrend and on Wednesday, the INK CIN leapt to a brand new all-time high at 1261.23 before settling at 1253.33 at week's end for a gain of 5 points.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The INK CIN Index added another 2.5 points to close at a new all-time high of 1248.05.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week was another strong one for the INK Canadian Insider Index, as stacked up another 10.6 points to reach yet another all-time high, at 1245.73.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index continued to bubble higher still, rising 21 points or 1.7% to close at 1235.14, a mere 0.36 points below its all-time closing high achieved on Thursday.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The Index built upon the powerful momentum of the prior week and even managed to notch an all-time high intraday on Friday at 1217.60, before closing at 1214.19 as it added 2.7 points.

Updated - replaces chart and corrects weekly gain to 21 instead of 41; corrects RSI and MACD numbers in the first sentence of second paragraph

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. As promised in this blog a few weeks ago, volatility has indeed returned to the INK Canadian Insider Index. Last week, the INK CIN pulled off the old "shake and bake" maneuver, in grand style, no less. For the Index, having given up a 14-point gain three weeks ago by way of a disheartening 19-point loss one week later, skyrocketed 21 points last week to close at 1211.52. In fact, the INK CIN's surge was so powerful that it sliced like a razor through a major downtrend line that has capped it for more than 6 months. What's more, the Index now finds itself within striking distance, or 6 points, of its all-time highs, set back in February.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The Index continued its roller coaster ride last week, adding 19 points (all the points it lost the prior week) or 1.6% to close at 1189.82.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Talk about whiplash. The INK CIN followed its powerful-looking breakout and 14-point gain two weeks ago, with a strong correction last week. The Index shed 19 points or 1.5% and was tossed back under its long-term downtrend line and closed below 1180, its major resistance and nemesis for the last several months.

Updated - replaces earlier chart which was inserted by error

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. In our last review, we noted the INK CIN was relentlessly hammering the major resistance band of 1180 which had imprisoned it for months- and had kept up its onslaught even as its attempts failed. Last week, the INK CIN landed a powerful knockout blow as it broke up and through 1180 and sailed straight up to finish at 1,189.370 for a 14-point gain.