Title
by Americanbulls.com LLC
Last Update
23/09/2020
^GSPRTCM
S&P/TSX INCM TR
Last Signal: SHORT
Last Pattern: BEARISH ENGULFING
Last Close:
189.4100
Change:
-3.5800
Percent change
-1.86%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH ENGULFING pattern finally received a confirmation because the values crossed below the confirmation level which was at 189.9400, and our valid average selling value stands now at 189.5700. The previous BUY signal was issued on 09/09/2020, 14 days ago, when the index value was 192.3200. Since then ^GSPRTCM has fallen by -1.43%.
Market Outlook
The bears have strong evidence and this evidence prompts us to make a bearish bet. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
CAD100⇨ 
23/09/2020189.5700SHORT 117.15
09/09/2020192.3200BUY 119.45
04/09/2020192.4100SHORT 119.99
02/09/2020192.0100BUY 120.34
27/08/2020196.4800SELL 120.64
20/08/2020195.3700BUY 120.26
13/08/2020197.2950SELL 120.56
06/08/2020192.5200BUY 117.94
31/07/2020191.1400SELL 118.24
29/07/2020191.7500BUY 118.91
21/07/2020193.7800SELL 119.21
17/07/2020195.1500BUY 120.35
07/07/2020190.3800SELL 120.65
30/06/2020187.1700BUY 118.91
24/06/2020190.9300SELL 119.21
15/06/2020191.0300BUY 119.57
10/06/2020198.1500SELL 119.87
05/06/2020196.0100BUY 118.87
28/05/2020187.9600SELL 119.17
26/05/2020189.2800BUY 120.31
13/05/2020180.6300SELL 120.61
08/05/2020184.8500BUY 123.74
01/05/2020182.2800SELL 124.05
27/04/2020179.4100BUY 122.40
13/04/2020188.6750SELL 122.71
25/03/2020152.9900BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
23/09/2020189.5700SHORT 159.38
09/09/2020192.3200BUY 162.50
04/09/2020192.4100SHORT 163.24
02/09/2020192.0100BUY 163.72
27/08/2020196.4800SELL 164.13
20/08/2020195.3700BUY 163.61
13/08/2020197.2950SELL 164.02
06/08/2020192.5200BUY 160.45
31/07/2020191.1400SELL 160.85
29/07/2020191.7500BUY 161.77
21/07/2020193.7800SELL 162.18
17/07/2020195.1500BUY 163.74
07/07/2020190.3800SELL 164.15
30/06/2020187.1700BUY 161.79
24/06/2020190.9300SELL 162.20
15/06/2020191.0300BUY 162.69
10/06/2020198.1500SELL 163.10
05/06/2020196.0100BUY 161.74
28/05/2020187.9600SELL 162.15
26/05/2020189.2800BUY 163.70
13/05/2020180.6300SELL 164.11
08/05/2020184.8500BUY 168.37
01/05/2020182.2800SELL 168.79
27/04/2020179.4100BUY 166.55
13/04/2020188.6750SELL 166.97
25/03/2020152.9900BUY 135.73
09/03/2020230.2600SHORT 102.14
02/03/2020234.4800BUY 104.53
24/02/2020251.1100SELL 104.79
29/01/2020245.0500BUY 102.52
24/01/2020244.8100SELL 102.78
07/01/2020231.9600BUY 97.63
20/12/2019232.0800SHORT 98.07
16/12/2019232.7400BUY 98.84
12/12/2019235.6400SHORT 98.13
10/12/2019240.5500BUY 100.68
29/11/2019239.9600SELL 100.93
25/11/2019239.8800BUY 101.15
19/11/2019238.6700SELL 101.40
08/11/2019233.5400BUY 99.47
05/11/2019232.8950SHORT 100.25
31/10/2019232.4100BUY 100.54
11/10/2019234.8900SELL 100.79
03/10/2019231.8800BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
23/09/2020189.5700SHORT 183.44
09/09/2020192.3200BUY 187.04
04/09/2020192.4100SHORT 187.89
02/09/2020192.0100BUY 188.44
27/08/2020196.4800SELL 188.91
20/08/2020195.3700BUY 188.31
13/08/2020197.2950SELL 188.78
06/08/2020192.5200BUY 184.67
31/07/2020191.1400SELL 185.13
29/07/2020191.7500BUY 186.19
21/07/2020193.7800SELL 186.66
17/07/2020195.1500BUY 188.45
07/07/2020190.3800SELL 188.92
30/06/2020187.1700BUY 186.20
24/06/2020190.9300SELL 186.67
15/06/2020191.0300BUY 187.24
10/06/2020198.1500SELL 187.71
05/06/2020196.0100BUY 186.15
28/05/2020187.9600SELL 186.62
26/05/2020189.2800BUY 188.40
13/05/2020180.6300SELL 188.87
08/05/2020184.8500BUY 193.77
01/05/2020182.2800SELL 194.26
27/04/2020179.4100BUY 191.68
13/04/2020188.6750SELL 192.16
25/03/2020152.9900BUY 156.21
09/03/2020230.2600SHORT 117.55
02/03/2020234.4800BUY 120.31
24/02/2020251.1100SELL 120.61
29/01/2020245.0500BUY 117.99
24/01/2020244.8100SELL 118.29
07/01/2020231.9600BUY 112.36
20/12/2019232.0800SHORT 112.87
16/12/2019232.7400BUY 113.76
12/12/2019235.6400SHORT 112.94
10/12/2019240.5500BUY 115.87
29/11/2019239.9600SELL 116.16
25/11/2019239.8800BUY 116.41
19/11/2019238.6700SELL 116.70
08/11/2019233.5400BUY 114.48
05/11/2019232.8950SHORT 115.37
31/10/2019232.4100BUY 115.71
11/10/2019234.8900SELL 116.00
03/10/2019231.8800BUY 114.80
01/10/2019233.3300SELL 115.09
16/09/2019226.5900BUY 112.05
09/09/2019227.5500SELL 112.33
27/08/2019223.6050BUY 110.66
22/08/2019224.4400SELL 110.94
22/07/2019217.5100BUY 107.78
16/07/2019217.4900SELL 108.05
03/07/2019217.5000BUY 108.33
28/06/2019214.4600SELL 108.60
13/06/2019217.3700BUY 110.35
10/06/2019217.1800SELL 110.63
05/06/2019215.1000BUY 109.85
29/05/2019217.2300SELL 110.13
14/05/2019216.3000BUY 109.93
08/05/2019213.1300SHORT 112.15
06/05/2019213.9000BUY 113.12
02/05/2019212.8100SHORT 114.27
26/04/2019214.2900BUY 115.64
17/04/2019214.6600SHORT 116.02
10/04/2019217.4800BUY 118.13
04/04/2019217.2600SELL 118.43
04/03/2019209.2500BUY 114.35
27/02/2019206.9600SELL 114.64
31/12/2018186.9500BUY 103.82
10/12/2018196.6300SHORT 99.45
05/12/2018197.9400BUY 100.61
27/11/2018197.3600SHORT 101.41
22/11/2018197.8800BUY 102.19
15/11/2018199.7500SELL 102.45
05/11/2018197.0750BUY 101.33
02/11/2018195.4300SELL 101.58
12/10/2018197.4000BUY 102.86
26/09/2018204.8500SHORT 99.75
† Trade commissions are taken as 0.25%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Canadabulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Canadabulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Canadabulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Canadabulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.