Title
by Americanbulls.com LLC
Last Update
03/07/2020
^GSPTTIN
CAN INDUSTRIALS
Last Signal: SELL
Last Pattern: BEARISH MEETING LINE
Last Close:
269.8100
Change:
-0.7400
Percent change
-0.27%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH MEETING LINE pattern finally received a confirmation because the values crossed below the confirmation level which was at 270.5500, and our valid average selling value stands now at 269.8100. The previous BUY signal was issued on 29/06/2020, 4 days ago, when the index value was 267.5700. Since then ^GSPTTIN has risen by +0.84%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern occurs during an uptrend. The first day’s white candlestick is followed by a black candlestick that opens sharply higher and closes at the same level as the prior session’s close. It is similar to the Dark Cloud Cover pattern. However, the amount the second day drops is different. The Dark Cloud Cover’s second day closes below the midpoint of the first day’s body, while the second day the Bearish Meeting Line closes the same as the first day. Consequently, the Dark Cloud Cover is a more significant top reversal. Nonetheless, the Bearish Meeting Line should also be respected. more...
Signal History
Date 
Price 
Signal 
 
CAD100⇨ 
03/07/2020269.8100SELL 99.04
29/06/2020267.5700BUY 98.46
24/06/2020266.7200SHORT 99.27
22/06/2020268.6800BUY 100.50
11/06/2020270.1200SELL 100.75
26/05/2020265.8800BUY 99.42
13/05/2020258.5500SELL 99.67
11/05/2020259.1200BUY 100.14
01/05/2020258.3800SELL 100.39
24/04/2020254.5100BUY 99.13
21/04/2020248.6200SELL 99.38
17/04/2020252.6600BUY 101.25
15/04/2020247.2100SHORT 104.05
25/03/2020230.2500BUY 97.40
18/02/2020308.2500SELL 97.64
04/02/2020303.8000BUY 96.47
31/01/2020299.0300SHORT 98.53
30/01/2020301.2100BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
03/07/2020269.8100SELL 100.70
29/06/2020267.5700BUY 100.11
24/06/2020266.7200SHORT 100.93
22/06/2020268.6800BUY 102.18
11/06/2020270.1200SELL 102.44
26/05/2020265.8800BUY 101.08
13/05/2020258.5500SELL 101.33
11/05/2020259.1200BUY 101.81
01/05/2020258.3800SELL 102.07
24/04/2020254.5100BUY 100.79
21/04/2020248.6200SELL 101.04
17/04/2020252.6600BUY 102.94
15/04/2020247.2100SHORT 105.79
25/03/2020230.2500BUY 99.03
18/02/2020308.2500SELL 99.28
04/02/2020303.8000BUY 98.09
31/01/2020299.0300SHORT 100.18
30/01/2020301.2100BUY 101.42
22/01/2020299.5000SELL 101.67
02/01/2020287.6800BUY 97.90
30/12/2019287.2250SELL 98.15
24/12/2019290.0000BUY 99.35
19/12/2019287.2200SELL 99.60
06/12/2019283.1700BUY 98.44
28/11/2019286.9800SELL 98.69
25/11/2019284.7200BUY 98.16
19/11/2019286.1700SELL 98.41
14/11/2019285.3000BUY 98.36
12/11/2019283.4600SELL 98.61
30/10/2019271.8900BUY 94.82
28/10/2019268.8200SELL 95.06
07/10/2019263.5600BUY 93.43
20/09/2019273.1200SELL 93.66
17/09/2019274.5300BUY 94.38
09/09/2019276.1950SELL 94.62
27/08/2019272.2200BUY 93.49
23/08/2019274.2400SHORT 93.27
19/08/2019276.5800BUY 94.54
09/08/2019276.0200SHORT 95.21
26/07/2019282.0200BUY 97.77
18/07/2019279.4700SHORT 99.17
15/07/2019279.7100BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
03/07/2020269.8100SELL 107.98
29/06/2020267.5700BUY 107.35
24/06/2020266.7200SHORT 108.23
22/06/2020268.6800BUY 109.57
11/06/2020270.1200SELL 109.84
26/05/2020265.8800BUY 108.39
13/05/2020258.5500SELL 108.66
11/05/2020259.1200BUY 109.17
01/05/2020258.3800SELL 109.44
24/04/2020254.5100BUY 108.07
21/04/2020248.6200SELL 108.34
17/04/2020252.6600BUY 110.38
15/04/2020247.2100SHORT 113.43
25/03/2020230.2500BUY 106.18
18/02/2020308.2500SELL 106.45
04/02/2020303.8000BUY 105.18
31/01/2020299.0300SHORT 107.42
30/01/2020301.2100BUY 108.75
22/01/2020299.5000SELL 109.02
02/01/2020287.6800BUY 104.98
30/12/2019287.2250SELL 105.24
24/12/2019290.0000BUY 106.52
19/12/2019287.2200SELL 106.79
06/12/2019283.1700BUY 105.55
28/11/2019286.9800SELL 105.81
25/11/2019284.7200BUY 105.24
19/11/2019286.1700SELL 105.50
14/11/2019285.3000BUY 105.44
12/11/2019283.4600SELL 105.70
30/10/2019271.8900BUY 101.64
28/10/2019268.8200SELL 101.89
07/10/2019263.5600BUY 100.15
20/09/2019273.1200SELL 100.40
17/09/2019274.5300BUY 101.17
09/09/2019276.1950SELL 101.42
27/08/2019272.2200BUY 100.21
23/08/2019274.2400SHORT 99.98
19/08/2019276.5800BUY 101.34
09/08/2019276.0200SHORT 102.06
26/07/2019282.0200BUY 104.80
18/07/2019279.4700SHORT 106.30
15/07/2019279.7100BUY 106.93
05/07/2019281.1800SELL 107.20
28/06/2019275.3600BUY 105.24
26/06/2019272.8300SELL 105.50
05/06/2019274.1650BUY 106.28
29/05/2019274.4300SHORT 106.71
27/05/2019276.6750BUY 108.12
22/05/2019278.3500SELL 108.39
14/05/2019271.8700BUY 106.13
07/05/2019269.1400SELL 106.40
26/03/2019258.9100BUY 102.61
20/03/2019255.8000SHORT 104.39
18/03/2019258.2500BUY 105.92
14/03/2019256.9600SELL 106.19
14/02/2019247.6500BUY 102.60
11/02/2019247.0600SELL 102.86
05/02/2019246.8600BUY 103.03
28/01/2019244.0300SELL 103.29
07/01/2019229.5400BUY 97.40
03/01/2019227.0000SHORT 99.00
28/12/2018227.5000BUY 99.72
04/12/2018250.8700SELL 99.97
23/11/2018248.4700BUY 99.26
12/11/2018249.5400SHORT 99.33
30/10/2018244.2400BUY 97.71
24/10/2018248.5800SHORT 96.52
22/10/2018253.1450BUY 98.79
02/10/2018265.5600SELL 99.04
18/09/2018266.3200BUY 99.57
12/09/2018266.2200SHORT 100.11
09/08/2018267.3800BUY 101.05
07/08/2018265.9000SELL 101.30
26/07/2018264.3200BUY 100.95
23/07/2018260.9900SELL 101.20
09/07/2018256.6200BUY 99.75
† Trade commissions are taken as 0.25%.

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