HVU.TO Weekly

This biggest impediment to volatility would be the trading halt, the circuit breaker, and the bank holiday. But if there's a trading halt in New York, that might not mean a halt on the TSX. Presumably the TSX will see similar moves to equity exchanges around the world. But the wild card would be derivatives exchange halts.

The weekly chart moving averages has a clue about where prices might go in times of volatility. Certainly you can anticipate the 13-week EMA, as well as the 34-week EMA on a large volatility day. However a large enough move in volatility creating a trend change, meaning a crossover of the 13-week and the 34-week EMAs seems out of the question for the moment

The downtrend in volatility ETFs has not changed since inception, which may indicate SPECTACULAR leverage on the short side.

Price development in the ETF has not yet seen EMA crossovers on the daily chart as yet, which now appears a layup.

http://bit.ly/2d5zNiD

via GlobeAndMail.com - Home Sales Tax Revenues Eclipse Resources

Apparently the revenues from trading real estate eclipses the natural resources sector. The simple fact is that Canadians are heavily dependant on housing in the economy and underinvested in resources. But should the housing bubble finally pop, the available money for resource investment will evaporate.

What that would indicate is some urgency for Golden Band to resurrect itself as a viable entity.

http://bit.ly/2cCvaeQ

-F6