In today’s Canadian Market Minute, we revisit the XIU chart. The XIU has been rejecting any rallies into the key $13.50-$14.00 focal point over the last week. It is important to observe if the Canadian market continues to lose momentum.  Any technical breakdown below the $12.50 level would open the window for a new sharper decline.  Watch our Canadian Market Minute for more details.

http://www.optionsource.net/mediaplayercanadian.php

For more information on the XIU options click on the link below:

 http://www.m-x.ca/nego_cotes_en.php?symbol=XIU*&image.x=15&image.y=8

Regards,

Patrick Ceresna