OPEX Week and Structural Importance

Mid Month Flips, EOM Rips?

Good afternoon!

Happy Thanksgiving weekend to my fellow Canadians! I hope you all have a safe and blessed day with your friends and families.

Now that we’ve commenced October 7th and 9th and rolling into the week of October 15th-17th, there is a ton of importance here for the next following few weeks! It also just happens to align with OPEX week and a bit of a slow down in events/catalysts from now until essentially month-end, pre election week in November. This can imply continuation or slight consolidation as there isn’t a whole lot to of pressure to push price downwards. Does this mean we could be a priced-in elections? Quite possibly. What could this entail? Let’s do a little dive into the week ahead, shall we?