{
  "scan_date": "2026-06-04",
  "macro_notes": "TSX near record levels. All Big 6 banks on positive breakouts list post-Q2 2026 earnings, but every name is trading above its 10-year average P/E multiple (CIBC at decade-high 11.7x; BNS 10.1x). Gold stocks represent ~20% of positive breakouts — no specific TSX gold tickers surfaced with confirmed technicals today. One unnamed mid-cap energy stock forming a golden cross (targeting 160,000 boe/d by end-2026; ticker unconfirmed from searches). WTI direction and BoC rate outlook are active sector catalysts.",
  "signals": {
    "new_buys": [],
    "holds": [
      {
        "ticker": "CNQ.TO",
        "days_held": 1,
        "current_price_cad": null,
        "stop_intact": null,
        "t1_hit": false,
        "t2_hit": false,
        "action": "HOLD — Day 1 of 3-day time stop clock. URGENT: No stop loss was set at entry; set stop at 2.5x ATR(14) below entry ($66.43) before next session. Price has moved below both SMA-20 ($64.52) and SMA-50 ($64.68) — pullback-to-EMA thesis is deteriorating. RSI ~46–51 (neutral), MACD barely positive (0.14), still well above 200d SMA ($52.03). No imminent earnings (next: Aug 6, 2026). Current setup score ~2/5. If price confirms break below $61.50 support before stop is calculated, consider manual exit to protect capital."
      }
    ],
    "exits": [],
    "watchlist": [
      {
        "ticker": "BNS.TO",
        "waiting_for": "Confirmed pullback to 20d or 50d EMA with declining volume before entry. As of June 1: price C$109.12, RSI 14 = 47.51 (neutral/in range), MACD = +0.210 (positive), above 200d EMA (inferred from positive breakouts inclusion), no imminent earnings (Q2 reported May 28; Q3 est. ~Aug 2026). Score 3/5 — needs pullback-to-EMA confirmation (+1) to reach actionable score of 4. Note: previously held, closed May 22 at $110.21. Re-entry only on fresh EMA pullback with volume confirmation."
      },
      {
        "ticker": "CM.TO",
        "waiting_for": "RSI, MACD, and 200d EMA position confirmed from independent source. On TSX positive breakouts list. P/E 11.7x at decade-high multiple (10yr avg 9.4x) — elevated valuation is a red flag even within the 9–35 criteria range. Q2 2026 earnings reported May 28 (clear). Cannot assign setup score without technical indicator data. Only consider entry if RSI pulls back into 35–55 and MACD confirms positive cross."
      }
    ]
  },
  "excluded": [
    {
      "ticker": "TD.TO",
      "reason": "On TSX positive breakouts list but RSI, MACD, and 200d EMA position unconfirmed across all screener searches. Cannot pass Step 3 filter without independent technical data."
    },
    {
      "ticker": "ENERGY_GOLDEN_CROSS_UNIDENTIFIED",
      "reason": "Globe and Mail (Tuesday TSX breakouts) featured a mid-cap energy stock forming a golden cross, targeting 160,000 boe/d by end-2026 (up from ~103,548 boe/d in 2022). Ticker not confirmed: WCP and BTE production guidance do not match this profile; CPG unverified. Cannot include without confirmed ticker symbol."
    },
    {
      "ticker": "QSR.TO",
      "reason": "Stale watchlist entry in positions.json — QSR.TO appears in closed_positions (exited May 19) but watchlist entry still reads 'POSITION OPEN.' No active setup identified today. Recommend removing this watchlist entry from positions.json to avoid confusion on future scans."
    }
  ]
}