In today’s Canadian Market Minute, we revisit the XIU chart. The XIU has broken down below key support.  The breakdown below the $12.50 level has opened the window for continued selling.  We have now reached the first downside target, and are moving towards a completed measured move.  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=12&image.y=9

Regards,

Patrick Ceresna