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TSX
TSXV
CSE
Index
fx
^TX40
TSX
S&P/TSX COMPLETION INDEX
SELL
Close
2313
Prev.Close
2348
Change
-35.0000
Change%
-1.49%
BEARISH THREE GAP UPS
Sold at
2339.42
Open
2345
High
2373
Low
2312
Close
2313
Gain%
-1.14%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
CAD100⇨
17/06
2339
SELL
-1.1%
130
12/06
2276
BUY
+2.8%
✔
127
03/06
2337
SHORT
-2.6%
✔
124
21/05
2281
BUY
+2.4%
✔
122
14/05
2352
SELL
-3.0%
✔
122
06/05
2289
BUY
+2.7%
✔
119
21/04
2308
SELL
-0.8%
✔
120
23/03
2099
BUY
+10.0%
✔
109
18/03
2194
SHORT
-4.3%
✔
105
10/03
2303
BUY
-4.8%
❌
111
03/03
2370
SELL
-2.8%
✔
111
18/02
2278
BUY
+4.0%
✔
107
12/02
2287
SELL
-0.4%
✔
107
09/02
2241
BUY
+2.0%
✔
105
30/01
2224
SHORT
+0.8%
❌
107
05/01
2112
BUY
+5.3%
✔
102
24/12
2112
SELL
0.0%
❌
102
19/12
2058
BUY
+2.6%
✔
100
† Trade commissions are taken as 0.25%.
Date
Price
Signal
Change%
CAD100⇨
17/06
2339
SELL
-1.1%
158
12/06
2276
BUY
+2.8%
✔
154
03/06
2337
SHORT
-2.6%
✔
151
21/05
2281
BUY
+2.4%
✔
148
14/05
2352
SELL
-3.0%
✔
149
06/05
2289
BUY
+2.7%
✔
145
21/04
2308
SELL
-0.8%
✔
145
23/03
2099
BUY
+10.0%
✔
133
18/03
2194
SHORT
-4.3%
✔
128
10/03
2303
BUY
-4.8%
❌
135
03/03
2370
SELL
-2.8%
✔
135
18/02
2278
BUY
+4.0%
✔
130
12/02
2287
SELL
-0.4%
✔
131
09/02
2241
BUY
+2.0%
✔
128
30/01
2224
SHORT
+0.8%
❌
130
05/01
2112
BUY
+5.3%
✔
124
24/12
2112
SELL
0.0%
❌
124
19/12
2058
BUY
+2.6%
✔
121
15/12
2058
SELL
0.0%
✔
122
04/12
2034
BUY
+1.2%
✔
121
02/12
2031
SELL
+0.1%
❌
121
24/11
1965
BUY
+3.4%
✔
117
17/11
1939
SHORT
+1.3%
❌
119
10/11
1955
BUY
-0.8%
❌
121
21/10
1939
SHORT
+0.8%
❌
123
15/10
2002
BUY
-3.1%
❌
127
10/10
1953
SELL
+2.5%
❌
127
30/09
1929
BUY
+1.2%
✔
126
24/09
1900
SELL
+1.5%
❌
127
11/08
1729
BUY
+9.9%
✔
116
31/07
1703
SELL
+1.6%
❌
116
06/05
1486
BUY
+14.6%
✔ 👍
101
01/05
1465
SHORT
+1.4%
❌
103
23/04
1458
BUY
+0.5%
✔
103
21/04
1445
SELL
+0.9%
❌
104
14/04
1423
BUY
+1.5%
✔
102
28/03
1498
SELL
-5.0%
✔
103
12/03
1449
BUY
+3.4%
✔
99
21/02
1491
SELL
-2.8%
✔
100
29/01
1490
BUY
0.0%
✔
100
27/01
1501
SELL
-0.7%
✔
100
17/01
1497
BUY
+0.2%
✔
100
13/01
1484
SHORT
+0.9%
❌
102
09/01
1505
BUY
-1.4%
❌
103
07/01
1502
SELL
+0.2%
❌
104
02/01
1504
BUY
-0.1%
❌
104
30/12
1479
SHORT
+1.7%
❌
107
23/12
1480
BUY
-0.1%
❌
107
06/12
1542
SELL
-4.0%
✔
107
28/11
1529
BUY
+0.8%
✔
107
26/11
1525
SELL
+0.3%
❌
107
18/11
1493
BUY
+2.1%
✔
105
11/11
1490
SELL
+0.2%
❌
105
05/11
1480
BUY
+0.7%
✔
105
31/10
1475
SHORT
+0.4%
❌
106
24/09
1444
BUY
+2.2%
✔
104
18/09
1414
SELL
+2.1%
❌
104
10/09
1353
BUY
+4.5%
✔
100
05/09
1366
SHORT
-0.9%
✔
100
30/08
1399
BUY
-2.3%
❌
103
28/08
1396
SELL
+0.2%
❌
103
09/08
1336
BUY
+4.5%
✔
99
02/08
1368
SHORT
-2.4%
✔
97
23/07
1401
BUY
-2.3%
❌
100
17/07
1407
SELL
-0.4%
✔
100
11/07
1383
BUY
+1.8%
✔
98
09/07
1355
SELL
+2.0%
❌
99
26/06
1332
BUY
+1.7%
✔
97
21/06
1318
SHORT
+1.1%
❌
99
18/06
1325
BUY
-0.5%
❌
100
† Trade commissions are taken as 0.25%.
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Today's recommendation from our system is to
SELL
. The
BEARISH THREE GAP UPS
pattern has finally received confirmation because the values crossed below the confirmation level at 2346, and our valid average selling value now stands at 2339. The previous
BUY
signal was issued on 12/06/2026, 5 days ago, when the index value was 2276. Since then,
^TX40
has risen by
+2.77%
.
Market Outlook
We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <
SELL
signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.
Pattern Description
This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend.
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