Title
by Americanbulls.com LLC
  • English
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Last Update
26/05/2023
^TXBA
S&P/TSX COMPOSITE INDEX BANKS
Last Signal: BUY
Last Pattern: BULLISH THREE GAP DOWNS
Last Close:
3,715.6100
Change:
+34.6800
Percent change
+0.94%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH THREE GAP DOWNS pattern finally received a confirmation because the values crossed above the confirmation level which was at 3,694.1350, and our valid average buying value stands now at 3,701.0250. The previous SHORT signal was issued on 19/05/2023, 7 days ago, when the index value was 3,822.4500. Since then ^TXBA has fallen by -3.18%.
Market Outlook
The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a four day bullish reversal pattern. It consists of three consecutive days each gapping lower on the open. After Three Gap Downs the market becomes extremely oversold and ready for the reversal of the current downtrend. more...
Signal History
Date 
Price 
Signal 
 
CAD100⇨ 
26/05/20233,701.0250BUY 113.61
19/05/20233,822.4500SHORT 110.66
11/05/20233,832.3000BUY 111.50
24/04/20233,918.5700SELL 111.78
29/03/20233,790.3500BUY 108.39
09/03/20234,039.9300SHORT 102.60
03/03/20234,098.9200BUY 104.62
21/02/20234,189.9000SELL 104.88
21/12/20223,889.8200BUY 97.61
14/12/20223,922.0100SHORT 97.30
12/12/20224,000.7400BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
26/05/20233,701.0250BUY 119.41
19/05/20233,822.4500SHORT 116.31
11/05/20233,832.3000BUY 117.19
24/04/20233,918.5700SELL 117.48
29/03/20233,790.3500BUY 113.92
09/03/20234,039.9300SHORT 107.83
03/03/20234,098.9200BUY 109.95
21/02/20234,189.9000SELL 110.23
21/12/20223,889.8200BUY 102.59
14/12/20223,922.0100SHORT 102.27
12/12/20224,000.7400BUY 104.85
06/12/20224,048.4600SELL 105.11
17/11/20224,006.0400BUY 104.27
09/11/20223,938.5600SELL 104.53
07/11/20223,948.7700BUY 105.06
02/11/20223,887.0000SELL 105.32
25/10/20223,817.7200BUY 103.70
20/10/20223,756.2000SHORT 105.96
13/10/20223,658.4800BUY 103.72
07/10/20223,758.1800SHORT 101.55
04/10/20223,909.3400BUY 106.16
30/09/20223,805.2900SHORT 109.69
28/09/20223,831.7900BUY 111.01
20/09/20223,959.1200SHORT 108.09
07/09/20223,851.9900BUY 105.69
30/08/20223,955.1100SHORT 103.52
25/08/20223,988.7600BUY 104.92
19/08/20224,130.5100SELL 105.18
11/08/20224,046.7100BUY 103.30
09/08/20223,955.4900SELL 103.56
27/07/20223,904.4600BUY 102.48
22/07/20223,885.2200SELL 102.74
18/07/20223,774.1600BUY 100.05
13/07/20223,866.1800SHORT 98.21
29/06/20223,940.5300BUY 100.60
08/06/20224,315.7700SELL 100.85
26/05/20224,257.9500BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
26/05/20233,701.0250BUY 129.78
19/05/20233,822.4500SHORT 126.42
11/05/20233,832.3000BUY 127.38
24/04/20233,918.5700SELL 127.70
29/03/20233,790.3500BUY 123.83
09/03/20234,039.9300SHORT 117.21
03/03/20234,098.9200BUY 119.52
21/02/20234,189.9000SELL 119.82
21/12/20223,889.8200BUY 111.52
14/12/20223,922.0100SHORT 111.17
12/12/20224,000.7400BUY 113.97
06/12/20224,048.4600SELL 114.26
17/11/20224,006.0400BUY 113.35
09/11/20223,938.5600SELL 113.63
07/11/20223,948.7700BUY 114.21
02/11/20223,887.0000SELL 114.50
25/10/20223,817.7200BUY 112.74
20/10/20223,756.2000SHORT 115.19
13/10/20223,658.4800BUY 112.76
07/10/20223,758.1800SHORT 110.40
04/10/20223,909.3400BUY 115.42
30/09/20223,805.2900SHORT 119.26
28/09/20223,831.7900BUY 120.69
20/09/20223,959.1200SHORT 117.52
07/09/20223,851.9900BUY 114.91
30/08/20223,955.1100SHORT 112.55
25/08/20223,988.7600BUY 114.08
19/08/20224,130.5100SELL 114.37
11/08/20224,046.7100BUY 112.33
09/08/20223,955.4900SELL 112.61
27/07/20223,904.4600BUY 111.44
22/07/20223,885.2200SELL 111.72
18/07/20223,774.1600BUY 108.80
13/07/20223,866.1800SHORT 106.80
29/06/20223,940.5300BUY 109.40
08/06/20224,315.7700SELL 109.67
26/05/20224,257.9500BUY 108.47
06/05/20224,217.3800SHORT 110.07
04/05/20224,276.1300BUY 112.16
22/04/20224,422.7800SHORT 109.11
19/04/20224,399.0200BUY 109.07
23/03/20224,700.8200SELL 109.34
14/03/20224,605.8500BUY 107.40
17/02/20224,751.2150SHORT 104.73
01/02/20224,685.0200BUY 103.79
19/01/20224,766.3100SELL 104.05
06/01/20224,561.4800BUY 99.83
31/12/20214,418.2700SELL 100.08
24/12/20214,408.9200BUY 100.12
20/12/20214,287.3100SELL 100.37
15/12/20214,331.9350BUY 101.67
13/12/20214,315.5750SHORT 102.57
02/12/20214,234.3500BUY 101.14
16/11/20214,348.1100SELL 101.39
02/11/20214,267.8400BUY 99.77
29/10/20214,270.0700SELL 100.02
15/10/20214,167.1000BUY 97.85
13/10/20214,110.1500SELL 98.10
05/10/20214,078.6300BUY 97.59
17/09/20214,080.2000SHORT 98.04
15/09/20214,083.3700BUY 98.61
10/09/20214,070.3700SHORT 99.42
07/09/20214,087.0900BUY 100.33
27/08/20214,132.3200SELL 100.58
23/07/20214,001.6000BUY 97.64
07/07/20214,071.1700SHORT 96.48
05/07/20214,097.1900BUY 97.58
29/06/20214,077.9400SELL 97.82
25/06/20214,104.1600BUY 98.70
18/06/20214,081.4700SHORT 99.75
† Trade commissions are taken as 0.25%.

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