{
  "scan_date": "2026-05-22",
  "macro_notes": "TSX Composite 34,421 (+17% YTD). All six major Canadian banks (CM, TD, BNS, RY, BMO) report Q2 2026 earnings May 28 — sector-wide earnings risk for financials; no new bank entries this session. Gold at ~$4,820/oz but gold-miner technicals deteriorating: K.TO -1.4% and AGI.TO -1.5% today; AGI RSI 39.32 (GuruFocus), MACD negative, price $53.32 vs stop $53.25 (stop at risk intraday). Enbridge Q1 reported May 8 (already past); reaffirmed 2026 guidance, $40B secured backlog. Kinross Q1 strong (reported May 12, +22% revenue YoY); next earnings July 29. Bank of Nova Scotia on Globe and Mail positive breakout list today at $110.31 (+3.8% vs May 19 entry). SwingTradeBot Canada unreachable (ECONNREFUSED); TradeThatSwing returned 403 Forbidden; substitute screener run. No new-buy setups confirmed this session. Live prices from live_prices.json (15:05 UTC).",
  "signals": {
    "new_buys": [],
    "holds": [
      {
        "ticker": "ENB.TO",
        "days_held": 3,
        "current_price_cad": 80.03,
        "stop_intact": null,
        "t1_hit": null,
        "t2_hit": null,
        "action": "HOLD — Price $80.03 vs entry $78.11 (+$1.92, +2.5%). Time stop technically triggered (day 3) but T1 is null — targets were never set in positions.json so progress cannot be evaluated. Cannot assess stop status either (stop_loss_cad is null). URGENT before next session: define stop using 2.5× ATR-14 below entry $78.11, and set T1/T2/T3 targets. If targets remain null at tomorrow's open, this position must convert to EXIT per time-stop rule. Earnings Q1 already reported May 8; next earnings ~Q3 2026."
      }
    ],
    "exits": [
      {
        "ticker": "AGI.TO",
        "exit_reason": "Stop near-hit: current price $53.32 vs stop $53.25 — only $0.07 above stop level; intraday wick likely breached it (live price is midday, not intraday low). Time stop also confirmed: 8 trading days held from May 12 entry with no progress toward T1 ($66.91 vs current $53.32 = -11.2% below target). MACD negative. Exit was already flagged in May 21 scan. Price down -1.5% today. Risk-violation flag remains: 10 shares × $6.83 stop gap = $68.30 at risk (3× the $25 rule) — do NOT re-enter at more than 3 shares.",
        "action": "EXIT full position"
      },
      {
        "ticker": "K.TO",
        "exit_reason": "Time stop triggered: day 3 of hold, price $38.96, T1 at $48.28 requires +23.9% from here — no T1 progress possible in this timeframe. RSI ~33 per May 21 scan (near oversold), MACD negative, price -1.4% today. DATA ERROR in positions.json: stop_loss_cad $38.80 is recorded ABOVE entry price $38.07 — invalid for a long position. Correct the stop to approximately $33.33 (entry $38.07 minus $4.74 per the positions.json risk note) before any re-entry. Next earnings July 29, 2026 (not a factor today).",
        "action": "EXIT full position"
      },
      {
        "ticker": "BNS.TO",
        "exit_reason": "Pre-earnings exit: Q2 2026 earnings May 28 are 4 trading days from today but only 3 trading days from the May 23 open — the 3-day exit rule triggers at tomorrow's open. Exiting today locks in the gain cleanly and avoids gap risk. Price $110.31 vs entry $106.23 (+$4.08/share, +3.8%). No stop or targets were ever set (null in positions.json). Globe and Mail positive breakout confirmed today at $110.31.",
        "action": "EXIT full position"
      }
    ],
    "watchlist": [
      {
        "ticker": "CM.TO",
        "waiting_for": "Post-earnings pullback setup. Earnings May 28. Price ~$159.87, decade-high P/E 11.7× (historical avg 9.4×, still within 9-35 criteria). Scotiabank Outperform maintained May 2026. RSI unconfirmed (likely elevated given positive breakout and proximity to highs). Wait for pullback to 20d or 50d EMA with RSI resetting into 35-55 range and MACD turning positive. Re-evaluate week of June 1."
      },
      {
        "ticker": "TD.TO",
        "waiting_for": "RSI pullback from 64.81 to below 55. Price $154.69 is above all moving averages (20d $145.71, 50d $138.22, 200d SMA $123.01) — no pullback setup today. Setup score 2/5: +1 above 200d EMA, +1 MACD strong buy signal; no pullback to 20d/50d (-1), RSI above 55 scoring range (-1), volume unknown (-1). Earnings May 28. Re-evaluate after earnings if price pulls back to 20d ($145.71) or 50d ($138.22) with RSI cooling."
      }
    ]
  },
  "excluded": [
    { "ticker": "RY.TO", "reason": "Near record close per Globe and Mail May 22. RSI likely >65 (overbought). No pullback setup. Earnings May 28." },
    { "ticker": "BMO.TO", "reason": "Within 1% of record close per Globe and Mail May 22. RSI likely >65 (overbought). No pullback setup. Earnings May 28." },
    { "ticker": "CSH.UN.TO", "reason": "Chartwell Retirement Residences: closed at all-time high on 2× average volume ($20.74, May 22, +29% YTD). RSI likely >65 — overbought breakout conditions. Insufficient independent RSI/MACD/200d EMA data to confirm below 65 threshold per conflicting-data rule." },
    { "ticker": "BHC.TO", "reason": "Negative breakout per Globe and Mail. YTD -13%. Bearish momentum; fails positive-breakout criteria." }
  ]
}