Title
by Americanbulls.com LLC
Last Update
26/02/2021
^TXDE
S&P/TSX EQUAL WEIGHT DIVERS BANKS IND
Last Signal: SELL
Last Pattern: BEARISH THREE GAP UPS
Last Close:
350.1100
Change:
-3.1500
Percent change
-0.89%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH THREE GAP UPS pattern finally received a confirmation because the values crossed below the confirmation level which was at 353.1450, and our valid average selling value stands now at 351.5400. The previous BUY signal was issued on 17/02/2021, 9 days ago, when the index value was 334.2300. Since then ^TXDE has risen by +5.18%.
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 is a four day bearish reversal pattern. It consists of three consecutive days each gapping higher on the open. After Three Gap Ups the market becomes extremely overbought and ready for the reversal of the current uptrend. more...
Signal History
Date 
Price 
Signal 
 
CAD100⇨ 
26/02/2021351.5400SELL 114.15
17/02/2021334.2300BUY 108.80
11/02/2021331.3800SHORT 110.29
02/02/2021326.8800BUY 109.34
20/01/2021334.0900SHORT 107.57
06/01/2021325.6100BUY 105.37
14/12/2020328.3850SELL 105.63
03/12/2020325.6000BUY 105.00
30/11/2020324.5200SELL 105.26
17/11/2020303.7200BUY 98.76
12/11/2020298.8400SELL 99.01
10/11/2020295.3400BUY 98.10
06/11/2020284.0600SELL 98.35
29/10/2020274.3650BUY 95.23
27/10/2020280.8500SELL 95.47
21/10/2020281.9800BUY 96.09
13/10/2020284.4000SHORT 95.76
05/10/2020283.1100BUY 95.80
30/09/2020280.5700SHORT 97.16
28/09/2020283.9400BUY 98.82
16/09/2020291.8200SELL 99.07
14/09/2020293.0900BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
26/02/2021351.5400SELL 160.70
17/02/2021334.2300BUY 153.17
11/02/2021331.3800SHORT 155.27
02/02/2021326.8800BUY 153.93
20/01/2021334.0900SHORT 151.43
06/01/2021325.6100BUY 148.33
14/12/2020328.3850SELL 148.70
03/12/2020325.6000BUY 147.81
30/11/2020324.5200SELL 148.18
17/11/2020303.7200BUY 139.03
12/11/2020298.8400SELL 139.38
10/11/2020295.3400BUY 138.09
06/11/2020284.0600SELL 138.44
29/10/2020274.3650BUY 134.05
27/10/2020280.8500SELL 134.39
21/10/2020281.9800BUY 135.27
13/10/2020284.4000SHORT 134.80
05/10/2020283.1100BUY 134.86
30/09/2020280.5700SHORT 136.78
28/09/2020283.9400BUY 139.12
16/09/2020291.8200SELL 139.47
14/09/2020293.0900BUY 140.43
28/08/2020295.6050SELL 140.78
24/08/2020283.6650BUY 135.43
17/08/2020283.2700SELL 135.77
29/07/2020271.4400BUY 130.43
17/07/2020275.3550SELL 130.76
30/06/2020270.0100BUY 128.54
11/06/2020273.4400SELL 128.86
02/06/2020270.6700BUY 127.87
29/05/2020269.1500SELL 128.19
26/05/2020253.7900BUY 121.18
13/05/2020252.4700SELL 121.48
11/05/2020255.7900BUY 123.39
30/04/2020265.5800SELL 123.70
24/04/2020248.0800BUY 115.84
13/04/2020267.5850SELL 116.13
08/04/2020262.5200BUY 114.22
03/04/2020248.7700SHORT 121.51
25/03/2020242.6600BUY 119.12
05/03/2020315.0600SHORT 97.35
02/03/2020321.2250BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
26/02/2021351.5400SELL 149.42
17/02/2021334.2300BUY 142.42
11/02/2021331.3800SHORT 144.38
02/02/2021326.8800BUY 143.13
20/01/2021334.0900SHORT 140.81
06/01/2021325.6100BUY 137.92
14/12/2020328.3850SELL 138.27
03/12/2020325.6000BUY 137.44
30/11/2020324.5200SELL 137.78
17/11/2020303.7200BUY 129.27
12/11/2020298.8400SELL 129.59
10/11/2020295.3400BUY 128.39
06/11/2020284.0600SELL 128.71
29/10/2020274.3650BUY 124.63
27/10/2020280.8500SELL 124.94
21/10/2020281.9800BUY 125.76
13/10/2020284.4000SHORT 125.32
05/10/2020283.1100BUY 125.38
30/09/2020280.5700SHORT 127.16
28/09/2020283.9400BUY 129.33
16/09/2020291.8200SELL 129.65
14/09/2020293.0900BUY 130.54
28/08/2020295.6050SELL 130.87
24/08/2020283.6650BUY 125.90
17/08/2020283.2700SELL 126.22
29/07/2020271.4400BUY 121.25
17/07/2020275.3550SELL 121.55
30/06/2020270.0100BUY 119.49
11/06/2020273.4400SELL 119.79
02/06/2020270.6700BUY 118.87
29/05/2020269.1500SELL 119.17
26/05/2020253.7900BUY 112.65
13/05/2020252.4700SELL 112.93
11/05/2020255.7900BUY 114.70
30/04/2020265.5800SELL 114.99
24/04/2020248.0800BUY 107.68
13/04/2020267.5850SELL 107.95
08/04/2020262.5200BUY 106.17
03/04/2020248.7700SHORT 112.95
25/03/2020242.6600BUY 110.73
05/03/2020315.0600SHORT 90.49
02/03/2020321.2250BUY 92.72
25/02/2020341.6500SELL 92.95
07/02/2020345.8900BUY 94.34
29/01/2020343.1900SELL 94.58
13/01/2020338.3700BUY 93.49
24/12/2019339.4900SHORT 93.65
21/10/2019338.1700BUY 93.75
17/10/2019336.7200SELL 93.98
04/10/2019330.6750BUY 92.52
02/10/2019331.8500SHORT 92.66
26/09/2019337.9300BUY 94.83
24/09/2019336.4200SELL 95.07
29/08/2019314.5200BUY 89.10
27/08/2019310.7100SHORT 90.66
22/08/2019314.7000BUY 92.28
15/08/2019311.1000SHORT 93.83
08/08/2019321.4500BUY 97.44
01/08/2019327.9400SHORT 96.03
24/07/2019329.9500BUY 97.10
10/07/2019329.8800SELL 97.34
02/07/2019328.7200BUY 97.24
25/06/2019328.1700SELL 97.48
14/06/2019324.7700BUY 96.71
12/06/2019324.0800SHORT 97.40
03/06/2019320.4900BUY 96.80
29/05/2019326.4000SHORT 95.56
27/05/2019330.2500BUY 97.17
23/05/2019328.4200SHORT 98.20
15/05/2019332.1900BUY 99.83
02/05/2019339.1900SELL 100.08
26/04/2019337.3300BUY 99.78
22/04/2019337.1300SELL 100.03
15/04/2019333.0200BUY 99.06
11/04/2019329.4400SHORT 100.65
02/04/2019327.8800BUY 100.68
20/03/2019334.6100SHORT 99.19
15/03/2019334.8300BUY 99.75
† Trade commissions are taken as 0.25%.

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