Title
by Americanbulls.com LLC
Last Update
05/03/2021
^TXBB
S&P/TSX COMPOSITE BUYBACK INDEX
Last Signal: BUY
Last Pattern: BULLISH STOP LOSS
Last Close:
7,307.1400
Change:
+117.4300
Percent change
+1.63%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH STOP LOSS pattern finally received a confirmation because the values crossed above the Stop Loss level which was at 7,183.6300, and our valid average buying value stands now at 7,259.6600. The previous SELL signal was issued on 25/02/2021, 8 days ago, when the index value was 7,119.5100. Since then ^TXBB has risen by +1.97%.
Market Outlook
A rally after a bear setup can occasionally turn into an explosive long trade. We may be on the verge of catching one of them. There is now a strong positive sentiment in the market despite the absence of a bullish pattern. The bullish stop loss is finally confirmed and a BUY signal is generated. Market wants to reward the bulls. It may be now the right time to be part of this boost and bullish market sentiment by joining the growing bullish crowd. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is not a standard candlestick pattern. It is simply the stop loss compliment of all the confirmed bearish patterns. The conditions for the activation of the Bullish stop loss are two consecutive highs or a close above the stop loss level of a recently confirmed bearish pattern. more...
Signal History
Date 
Price 
Signal 
 
CAD100⇨ 
05/03/20217,259.6600BUY 117.60
25/02/20217,119.5100SELL 117.89
22/02/20217,117.3900BUY 118.15
18/02/20217,091.6300SHORT 119.18
01/02/20216,817.8200BUY 115.15
26/01/20216,866.4500SELL 115.44
30/12/20206,697.0700BUY 112.87
14/12/20206,680.1850SELL 113.15
02/12/20206,474.6100BUY 109.94
30/11/20206,472.6050SELL 110.22
24/11/20206,445.4200BUY 110.03
20/11/20206,295.2300SELL 110.31
16/11/20206,241.4000BUY 109.64
12/11/20206,176.0250SELL 109.91
02/11/20205,638.1400BUY 100.59
26/10/20205,853.6900SELL 100.84
22/10/20205,859.6000BUY 101.19
13/10/20205,892.7500SELL 101.44
02/10/20205,692.1600BUY 98.23
30/09/20205,650.1600SHORT 99.46
28/09/20205,722.6300BUY 101.24
18/09/20205,841.4900SHORT 99.72
14/09/20205,814.2100BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
05/03/20217,259.6600BUY 173.75
25/02/20217,119.5100SELL 174.19
22/02/20217,117.3900BUY 174.57
18/02/20217,091.6300SHORT 176.09
01/02/20216,817.8200BUY 170.14
26/01/20216,866.4500SELL 170.57
30/12/20206,697.0700BUY 166.78
14/12/20206,680.1850SELL 167.20
02/12/20206,474.6100BUY 162.46
30/11/20206,472.6050SELL 162.87
24/11/20206,445.4200BUY 162.59
20/11/20206,295.2300SELL 163.00
16/11/20206,241.4000BUY 162.01
12/11/20206,176.0250SELL 162.42
02/11/20205,638.1400BUY 148.65
26/10/20205,853.6900SELL 149.02
22/10/20205,859.6000BUY 149.54
13/10/20205,892.7500SELL 149.91
02/10/20205,692.1600BUY 145.17
30/09/20205,650.1600SHORT 146.99
28/09/20205,722.6300BUY 149.62
18/09/20205,841.4900SHORT 147.37
14/09/20205,814.2100BUY 147.42
27/08/20206,002.0000SELL 147.79
29/07/20205,662.4100BUY 139.78
24/07/20205,594.1000SELL 140.13
22/07/20205,646.0900BUY 141.79
20/07/20205,594.2000SELL 142.15
14/07/20205,467.1500BUY 139.27
07/07/20205,456.2800SELL 139.62
30/06/20205,348.4300BUY 137.20
26/06/20205,360.0000SHORT 137.59
15/06/20205,412.5150BUY 139.64
10/06/20205,795.6100SELL 139.99
02/06/20205,301.7300BUY 128.38
29/05/20205,232.0300SELL 128.70
19/05/20204,982.5100BUY 122.87
30/04/20205,092.6700SELL 123.18
20/04/20204,600.8900BUY 111.56
13/04/20204,632.4500SELL 111.84
06/04/20204,209.6100BUY 101.89
01/04/20204,112.1500SHORT 104.89
24/03/20203,891.2900BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
05/03/20217,259.6600BUY 185.85
25/02/20217,119.5100SELL 186.32
22/02/20217,117.3900BUY 186.73
18/02/20217,091.6300SHORT 188.35
01/02/20216,817.8200BUY 181.99
26/01/20216,866.4500SELL 182.45
30/12/20206,697.0700BUY 178.40
14/12/20206,680.1850SELL 178.85
02/12/20206,474.6100BUY 173.78
30/11/20206,472.6050SELL 174.22
24/11/20206,445.4200BUY 173.92
20/11/20206,295.2300SELL 174.36
16/11/20206,241.4000BUY 173.30
12/11/20206,176.0250SELL 173.73
02/11/20205,638.1400BUY 159.00
26/10/20205,853.6900SELL 159.40
22/10/20205,859.6000BUY 159.96
13/10/20205,892.7500SELL 160.36
02/10/20205,692.1600BUY 155.29
30/09/20205,650.1600SHORT 157.24
28/09/20205,722.6300BUY 160.06
18/09/20205,841.4900SHORT 157.66
14/09/20205,814.2100BUY 157.71
27/08/20206,002.0000SELL 158.11
29/07/20205,662.4100BUY 149.54
24/07/20205,594.1000SELL 149.91
22/07/20205,646.0900BUY 151.68
20/07/20205,594.2000SELL 152.06
14/07/20205,467.1500BUY 148.98
07/07/20205,456.2800SELL 149.35
30/06/20205,348.4300BUY 146.76
26/06/20205,360.0000SHORT 147.18
15/06/20205,412.5150BUY 149.37
10/06/20205,795.6100SELL 149.74
02/06/20205,301.7300BUY 137.32
29/05/20205,232.0300SELL 137.66
19/05/20204,982.5100BUY 131.42
30/04/20205,092.6700SELL 131.75
20/04/20204,600.8900BUY 119.33
13/04/20204,632.4500SELL 119.63
06/04/20204,209.6100BUY 108.98
01/04/20204,112.1500SHORT 112.19
24/03/20203,891.2900BUY 106.70
18/02/20206,889.7600SELL 106.97
05/02/20206,833.8400BUY 106.37
29/01/20206,807.3000SHORT 107.32
06/01/20206,713.1400BUY 106.37
27/12/20196,740.6200SELL 106.64
06/12/20196,540.9400BUY 103.74
02/12/20196,561.4850SELL 104.00
27/11/20196,610.8100BUY 105.04
12/11/20196,558.9200SELL 105.30
04/10/20196,293.2200BUY 101.29
27/09/20196,508.3800SELL 101.54
28/08/20196,184.0000BUY 96.72
23/08/20196,227.8800SHORT 96.53
19/08/20196,285.1700BUY 97.91
12/08/20196,312.6000SHORT 97.98
08/08/20196,334.0900BUY 98.81
29/07/20196,473.9800SELL 99.06
19/07/20196,464.1100BUY 99.16
17/07/20196,483.8500SHORT 99.36
15/07/20196,518.1800BUY 100.39
08/07/20196,541.9700SELL 100.64
02/07/20196,531.9800BUY 100.74
19/06/20196,592.8500SELL 100.99
04/06/20196,343.4100BUY 97.41
29/05/20196,343.4600SHORT 97.90
27/05/20196,401.4650BUY 99.29
22/05/20196,491.1100SHORT 98.43
16/05/20196,538.2700BUY 99.64
01/05/20196,725.8000SHORT 97.42
05/04/20196,687.9300BUY 97.36
03/04/20196,661.7800SELL 97.60
01/04/20196,646.6700BUY 97.62
20/03/20196,586.8900SHORT 99.01
18/03/20196,603.1400BUY 99.75
† Trade commissions are taken as 0.25%.

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