Via Energy and Gold.com:

A couple of noteworthy charts from the RBC technical analysis team:

(click to enlarge)

Sector_Charts

Dow theory non-confirmation:

Dow_Transports

Despite the S&P 500 essentially sitting at all-time highs and the TSX Composite resting just below all-time highs  we are seeing a lot of sector weakness and a distinct lack of participation from the all important transports. Price is king, however, these potentially bearish divergences are well worth watching over the coming weeks.