May. 28 at 3:20 AM
⚖ 𝐖𝐀𝐕𝐄𝐑𝐕𝐀𝐍𝐈𝐑 𝐂𝐇𝐀𝐑𝐓 𝐍𝐎𝐓𝐄 — 𝐓𝐮𝐞 𝟓/𝟐𝟕/𝟐𝟔
$BNS · TSX · CAD 111.57 · 𝐀𝐥𝐥-𝐭𝐢𝐦𝐞 𝐡𝐢𝐠𝐡
📜 𝑻𝒉𝒆𝒔𝒊𝒔: 𝑨 𝟑𝟎-𝒚𝒆𝒂𝒓 𝒄𝒉𝒂𝒏𝒏𝒆𝒍 𝒋𝒖𝒔𝒕 𝒃𝒓𝒐𝒌𝒆 𝒕𝒐 𝒕𝒉𝒆 𝒖𝒑𝒔𝒊𝒅𝒆 𝒐𝒏 𝒂𝒏 𝒆𝒂𝒓𝒏𝒊𝒏𝒈𝒔 𝒃𝒆𝒂𝒕. 𝑻𝒉𝒆 𝒕𝒂𝒑𝒆 𝒊𝒔 𝒏𝒐𝒘 𝒕𝒓𝒂𝒅𝒊𝒏𝒈 𝒂𝒃𝒐𝒗𝒆 𝒘𝒉𝒆𝒓𝒆 𝒕𝒉𝒆 𝒔𝒕𝒓𝒆𝒆𝒕 𝒗𝒂𝒍𝒖𝒆𝒔 𝒊𝒕.
🪨 𝐓𝐡𝐞 𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 (1996 → today):
▪ Price cleared the upper rail of a three-decade regression channel. ATH print.
▪ 𝟗𝟒.𝟎𝟒 — old resistance, now reclaimed as support. The breakout shelf.
▪ Overhead air: next mapped levels 𝟏𝟑𝟐 then 𝟏𝟑𝟕.𝟐𝟎. Thin history above = price discovery.
🧭 𝐓𝐡𝐞 𝐡𝐨𝐧𝐞𝐬𝐭 𝐭𝐞𝐧𝐬𝐢𝐨𝐧:
Weekly 𝐑𝐒𝐈 𝟕𝟏.𝟖 — overbought. The trend is real, but parabolic moves into ATHs punish chasers.
Street rating: 𝐇𝐨𝐥𝐝, ~C
$105 target — 𝑏𝑒𝑙𝑜𝑤 spot.
So the chart and the analysts disagree. That gap is the trade, in either direction.
🏛 𝐂𝐚𝐭𝐚𝐥𝐲𝐬𝐭 (Q2 FY26, just reported):
▪ Adj. EPS 𝐂$𝟐.𝟎𝟐 vs C
$1.52 YoY. Pre-provision earnings +16%.
▪ Canadian Banking earnings +53% YoY. Dividend raised to C
$1.14.
▪ CET1 13.3%, ROE 13.2%, targeting 14%+ by FY27. The breakout has a reason.
🛡 𝐑𝐢𝐬𝐤:
ATH + overbought RSI = the worst risk/reward for a new entry, best for a held position. Pullback to 94.04 would be a healthier entry than chasing 111. Latin America credit exposure and Canadian housing remain the structural overhang. Respect the level you'd be wrong at.
🪞 The channel broke. The earnings confirmed it. The RSI says don't chase. All three are true at once.
$BNS $XLF $SPY
#wavervanir #volanx #quant #optionsflow #algorithmictrading
NFA. Educational research only. Process over prediction. Risk-first, always.
