{
  "scan_date": "2026-05-28",
  "macro_notes": "TSX fell 0.50% to 34,241. Geopolitical headwind: Iran targeted a US air base after the US struck an Iranian drone operation near the Strait of Hormuz — oil price volatility elevated, stagflation concerns. Energy -2% (CNQ, SU). Gold hit 2-month low; gold miners -1% (AEM, WPM). Canadian Q2 bank earnings strong across the board: BMO (profit jump), BNS (higher trading revenue), TD (C$2.38 EPS vs C$2.26 est beat), and CIBC (net income +23% YoY) all reported on May 28 — earnings risk now cleared for all Big-5 banks. Despite bank strength, macro backdrop is mixed: commodity weakness offsets financial sector. No open positions; full cash reserve. Zero new buys qualify with confirmed technical data today. POSITIONS.JSON DATA QUALITY FLAG: Watchlist entry for QSR.TO shows status 'POSITION OPEN' but open_positions is empty and QSR.TO is in closed_positions (closed 2026-05-19). Recommend removing QSR.TO from watchlist in positions.json.",
  "signals": {
    "new_buys": [],
    "holds": [],
    "exits": [],
    "watchlist": [
      {
        "ticker": "ISC.TO",
        "waiting_for": "RSI confirmation between 35-65 (SwingTradeBot flagged a setup but RSI unconfirmed); MACD histogram turning positive; 200d EMA position confirmed above; current price (last known $50.61 CAD on 2026-05-22). Next earnings July 30, 2026 — no earnings risk window. Market cap $946M CAD qualifies. Watch for pullback to 20d or 50d EMA with volume contraction before entry."
      },
      {
        "ticker": "CM.TO",
        "waiting_for": "RSI confirmation <65 (on G&M positive breakouts list — likely extended post Q2 beat; net income +23% YoY reported 2026-05-28); pullback to 20d EMA with declining volume; MACD positive confirmation. P/E 11.7x is at decade-high (within [9,35] range but a valuation red flag). Q2 earnings cleared today. Watch for 1-3 day post-earnings pullback before assessing entry."
      },
      {
        "ticker": "TD.TO",
        "waiting_for": "RSI confirmation <65 (Q2 EPS beat: C$2.38 vs C$2.26 est; on positive breakouts list — likely RSI elevated); pullback to 20d or 50d EMA; MACD histogram confirmation. Q2 earnings cleared today (2026-05-28). Record wealth division quarter and capital markets beat are green flags — wait for technical setup to develop."
      }
    ]
  },
  "excluded": [
    {
      "ticker": "BDGI.TO",
      "reason": "MACD confirmed bearish (sell signal per stockinvest.us); price below key moving averages — likely below 200d EMA; fails Step 3 EMA filter. Contradicts recent 52-week high report ($86.29 on 2026-05-25); conflicting signals are themselves a red flag."
    },
    {
      "ticker": "BB.TO",
      "reason": "52-week high at $11.28 on 2026-05-25 — RSI almost certainly >65; extended momentum run. Fails Step 3 RSI filter."
    },
    {
      "ticker": "EIF.TO",
      "reason": "52-week high at $113.32 on 2026-05-25 — RSI almost certainly >65; no pullback setup. Fails Step 3 RSI filter."
    },
    {
      "ticker": "CRT-UN.TO",
      "reason": "52-week high at $17.90 — RSI likely >65; REIT sector. Fails Step 3 RSI filter."
    },
    {
      "ticker": "BMO.TO",
      "reason": "Within 1% of record close; RSI likely >65 after Q2 earnings beat; no confirmed pullback to EMA. Probable Step 3 RSI failure — cannot confirm RSI <65 with available data."
    },
    {
      "ticker": "RY.TO",
      "reason": "Within 1% of record close; RSI likely >65; no confirmed pullback setup. Probable Step 3 RSI failure."
    },
    {
      "ticker": "BNS.TO",
      "reason": "Recently closed position (2026-05-22 at $110.21); RSI unconfirmed for re-entry; insufficient new technical setup data to justify re-entry 6 days after exit."
    },
    {
      "ticker": "CNQ.TO",
      "reason": "Energy sector down 2% today on oil price volatility + Iran geopolitical risk; price direction unfavorable for long entry."
    },
    {
      "ticker": "SU.TO",
      "reason": "Recently closed position (2026-05-19); down 2% today on energy weakness; setup broken. Geopolitical oil risk adds uncertainty."
    },
    {
      "ticker": "AGI.TO",
      "reason": "Gold hit 2-month low today; recently exited at loss (2026-05-22 at $53.88 vs $60.08 entry); setup fully broken."
    },
    {
      "ticker": "K.TO",
      "reason": "Gold hit 2-month low today; recently closed (2026-05-22 at $39.00); setup broken."
    },
    {
      "ticker": "AEM.TO",
      "reason": "Gold hit 2-month low today; gold miners sector -1%; unfavorable setup direction."
    },
    {
      "ticker": "WPM.TO",
      "reason": "Gold hit 2-month low today; gold miners sector -1%; unfavorable setup direction."
    }
  ]
}