INK Canadian Insider Index

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The Index which had shown some signs of optimism recently, had a thoroughly disappointing week as it sliced easily through its 50-and 20-day moving averages, and closed down 2% for a 24 point loss at 1103.70.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index had a fairly calm week, without much in the way of volatility, closing down 10 points at 1127.38.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index bullishly popped and powered through its 1120-22 resistance zone, returning to the vicinity of its 2016 highs, before drifting down slightly to close at 1134.42, locking in an 11-point gain. Clearly, the Index enjoyed a boost shared by world markets which rallied on the news that a dovish US federal reserve declined to raise interest rates until after the US general elections in November.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index had ideas of mounting a rally but soon succumbed to the selling that struck all markets, before bouncing modestly into week's end, closing nearly unchanged, gaining all of 0.05 points.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The Index initially popped higher last week, rising 12 points or 1% as it reached an intraday high of 1147.38 midweek. The Index then followed the major North American markets and fell hard on Friday, shedding 20 points or 1.8% for the week, closing at 1115.30.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. My speculation in our previous update was that the Index was likely retreating in order to generate some pessimism that would allow it to advance. Last week, the Index did seem to find new life and jumped 20 points or 1.8% and closed at 1135.41 for one of its biggest weekly rallies in a number of weeks.

The INK Canadian Insider Index initially rallied last week, but soon found resistance at its top Bollinger band in the 1130-1135 area (marginally exceeding its previous August high of 1132.73) and ran out of steam, ending its week down 14 points or 1.2% with a close at 1115.40.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The Index had a quiet summer week, advancing 0.30% and closing at 1123.36.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The Index continues to undulate higher with occasional bursts and pauses, as it first shot up to make a new intraday high at 1132.73 on August 11th and then dipped to 1120 as the week ended, gaining 4 points since our last update.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The Index spiked to a new 2016 intraday high of 1122.28 last Monday and then took a bit of a breather later in the week, closing down a modest 1.4 points at 1116.39.