CM, Commerce Bank

cm dec 5 2014 gcm dec 5 2014 b

Two takes on the CIBC, the Google chart distorted to fit and the Bigchart. Both sport a clear B-wave, with or without a triangle in the middle. The perfect symmetry is obvious in both cases. We also have the double-topping phenomenon  that does not mean too much as on the way up there will always be a double topping moment. However, if it occurs concurrently with other things it is good to assume the worst. B-waves are followed by C waves and that is no fun.