Title
by Americanbulls.com LLC
Last Update
26/02/2021
^TXBM
S&P/TSX GLOBAL BASE METALS INDEX
Last Signal: SELL
Last Pattern: BEARISH ONE BLACK CROW
Last Close:
163.9400
Change:
-4.2400
Percent change
-2.52%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ONE BLACK CROW pattern finally received a confirmation because the values crossed below the confirmation level which was at 168.1800, and our valid average selling value stands now at 165.5400. The previous BUY signal was issued on 01/02/2021, 25 days ago, when the index value was 143.2200. Since then ^TXBM has risen by +15.58%.
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 appears in an uptrend and consists of a white candlestick and a black candlestick in which the black candlestick opens below the preceding day’s close and closes below its open. The pattern looks similar to the Bearish Harami pattern. The only difference is that the second day closes lower, which stops the engulfing of the black body by the preceding white body. more...
Signal History
Date 
Price 
Signal 
 
CAD100⇨ 
26/02/2021165.5400SELL 141.05
01/02/2021143.2200BUY 122.34
21/01/2021151.0600SELL 122.65
19/01/2021151.8100BUY 123.57
08/01/2021156.0900SELL 123.88
30/12/2020139.2200BUY 110.77
22/12/2020135.9500SELL 111.05
17/12/2020136.6900BUY 111.93
07/12/2020133.7750SELL 112.21
02/12/2020128.8500BUY 108.35
30/11/2020124.4000SELL 108.62
02/11/2020104.9650BUY 91.88
26/10/2020105.7700SELL 92.11
21/10/2020105.8600BUY 92.42
19/10/2020102.6050SHORT 95.93
02/10/2020103.6200BUY 97.37
22/09/2020105.4000SELL 97.61
09/09/2020105.2800BUY 97.74
03/09/2020103.7700SHORT 99.68
26/08/2020103.3200BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
26/02/2021165.5400SELL 130.78
01/02/2021143.2200BUY 113.43
21/01/2021151.0600SELL 113.71
19/01/2021151.8100BUY 114.56
08/01/2021156.0900SELL 114.85
30/12/2020139.2200BUY 102.69
22/12/2020135.9500SELL 102.95
17/12/2020136.6900BUY 103.77
07/12/2020133.7750SELL 104.03
02/12/2020128.8500BUY 100.45
30/11/2020124.4000SELL 100.70
02/11/2020104.9650BUY 85.18
26/10/2020105.7700SELL 85.39
21/10/2020105.8600BUY 85.68
19/10/2020102.6050SHORT 88.93
02/10/2020103.6200BUY 90.26
22/09/2020105.4000SELL 90.49
09/09/2020105.2800BUY 90.61
03/09/2020103.7700SHORT 92.41
26/08/2020103.3200BUY 92.47
21/08/2020103.0800SELL 92.70
19/08/2020105.9000BUY 95.47
13/08/2020102.9800SELL 95.71
05/08/2020101.7300BUY 94.79
21/07/2020101.4400SELL 95.03
15/05/202075.1100BUY 70.54
13/05/202074.9800SHORT 71.02
08/05/202078.2200BUY 74.46
05/05/202076.1600SELL 74.65
08/04/202070.2700BUY 69.05
27/03/202064.3000SHORT 76.50
24/03/202066.7100BUY 79.77
12/03/202063.5300SHORT 84.39
10/03/202074.7200BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
26/02/2021165.5400SELL 184.69
01/02/2021143.2200BUY 160.19
21/01/2021151.0600SELL 160.59
19/01/2021151.8100BUY 161.79
08/01/2021156.0900SELL 162.20
30/12/2020139.2200BUY 145.03
22/12/2020135.9500SELL 145.39
17/12/2020136.6900BUY 146.55
07/12/2020133.7750SELL 146.92
02/12/2020128.8500BUY 141.87
30/11/2020124.4000SELL 142.23
02/11/2020104.9650BUY 120.31
26/10/2020105.7700SELL 120.61
21/10/2020105.8600BUY 121.02
19/10/2020102.6050SHORT 125.61
02/10/2020103.6200BUY 127.49
22/09/2020105.4000SELL 127.81
09/09/2020105.2800BUY 127.98
03/09/2020103.7700SHORT 130.52
26/08/2020103.3200BUY 130.61
21/08/2020103.0800SELL 130.94
19/08/2020105.9000BUY 134.86
13/08/2020102.9800SELL 135.20
05/08/2020101.7300BUY 133.89
21/07/2020101.4400SELL 134.23
15/05/202075.1100BUY 99.64
13/05/202074.9800SHORT 100.31
08/05/202078.2200BUY 105.17
05/05/202076.1600SELL 105.43
08/04/202070.2700BUY 97.52
27/03/202064.3000SHORT 108.04
24/03/202066.7100BUY 112.65
12/03/202063.5300SHORT 119.18
10/03/202074.7200BUY 140.87
07/02/202099.5600SHORT 113.31
04/02/202098.9200BUY 113.15
22/01/2020105.8100SHORT 106.77
20/01/2020109.0300BUY 110.57
16/01/2020107.3500SHORT 112.89
14/01/2020109.5900BUY 115.82
09/01/2020107.3500SELL 116.11
07/01/2020108.3450BUY 117.48
03/01/2020108.5600SHORT 117.84
06/12/2019103.9200BUY 113.37
12/11/2019103.2500SELL 113.65
04/11/2019102.7000BUY 113.33
31/10/201998.2000SELL 113.61
23/10/201998.3000BUY 114.01
16/10/201995.4800SHORT 118.07
10/10/201993.9650BUY 116.78
09/10/201991.8500SHORT 120.13
04/10/201993.9400BUY 123.48
26/09/201999.8500SELL 123.79
20/09/2019102.7900BUY 127.75
16/09/2019103.4600SELL 128.07
29/08/201991.0500BUY 112.99
26/08/201989.5400SHORT 115.50
19/08/201992.9800BUY 120.54
12/08/201993.9500SHORT 119.91
08/08/201997.3800BUY 124.91
25/07/2019111.0700SHORT 111.76
15/07/2019110.9200BUY 112.17
08/07/2019110.3100SELL 112.45
27/05/2019104.7000BUY 107.00
13/05/2019108.0000SHORT 104.35
03/05/2019114.7500BUY 111.43
22/04/2019122.5000SHORT 105.33
16/04/2019123.9600BUY 107.12
09/04/2019123.1400SELL 107.39
11/03/2019114.0950BUY 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.