Title
by Americanbulls.com LLC
Last Update
19/01/2022
^TXSI
S&P/TSX 60 SHARIAH INDEX
Last Signal: SHORT
Last Pattern: BEARISH STOP LOSS
Last Close:
185.4400
Change:
+0.5700
Percent change
+0.31%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH STOP LOSS pattern finally received a confirmation because the values crossed below the Stop Loss level which was at 185.6800, and our valid average selling value stands now at 185.4400. The previous BUY signal was issued on 11/01/2022, 8 days ago, when the index value was 190.6500. Since then ^TXSI has fallen by -2.73%.
Market Outlook
The market changed its face while our beloved candlesticks were asleep. Though the system has not yet detected a bearish pattern, the evidence is strong enough to go for a bearish bet. The bearish stop loss is confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. 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 bullish patterns. The conditions for the activation of the Bearish stop loss are two consecutive lows or a close below the stop loss level of a recently confirmed bullish pattern. more...
Signal History
Date 
Price 
Signal 
 
CAD100⇨ 
19/01/2022185.4400SHORT 97.02
11/01/2022190.6500BUY 100.25
31/12/2021202.8400SELL 100.50
21/12/2021201.3800BUY 100.03
09/12/2021205.3700SHORT 98.62
07/12/2021206.1500BUY 99.49
30/11/2021210.0400SELL 99.74
25/11/2021215.3000BUY 102.49
22/11/2021218.5400SELL 102.75
12/11/2021212.2200BUY 100.03
10/11/2021210.4350SELL 100.28
01/11/2021204.5500BUY 97.72
25/10/2021204.2200SELL 97.96
14/10/2021199.1700BUY 95.78
12/10/2021193.1300SHORT 99.37
06/10/2021190.7200BUY 98.62
29/09/2021193.5000SHORT 97.71
22/09/2021200.2300BUY 101.62
07/09/2021208.5750SELL 101.87
23/08/2021199.5500BUY 97.71
10/08/2021201.4400SELL 97.95
04/08/2021203.3200BUY 99.11
27/07/2021200.9600SELL 99.36
22/07/2021201.2400BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
19/01/2022185.4400SHORT 99.19
11/01/2022190.6500BUY 102.49
31/12/2021202.8400SELL 102.75
21/12/2021201.3800BUY 102.27
09/12/2021205.3700SHORT 100.82
07/12/2021206.1500BUY 101.71
30/11/2021210.0400SELL 101.96
25/11/2021215.3000BUY 104.78
22/11/2021218.5400SELL 105.04
12/11/2021212.2200BUY 102.26
10/11/2021210.4350SELL 102.52
01/11/2021204.5500BUY 99.90
25/10/2021204.2200SELL 100.15
14/10/2021199.1700BUY 97.92
12/10/2021193.1300SHORT 101.59
06/10/2021190.7200BUY 100.83
29/09/2021193.5000SHORT 99.90
22/09/2021200.2300BUY 103.89
07/09/2021208.5750SELL 104.15
23/08/2021199.5500BUY 99.89
10/08/2021201.4400SELL 100.14
04/08/2021203.3200BUY 101.33
27/07/2021200.9600SELL 101.58
22/07/2021201.2400BUY 101.98
16/07/2021196.0900SELL 102.24
13/07/2021198.9600BUY 104.00
08/07/2021197.6900SELL 104.26
15/06/2021192.9400BUY 102.01
03/06/2021188.2800SELL 102.27
20/05/2021185.1200BUY 100.81
12/05/2021179.9200SHORT 104.33
07/05/2021183.9400BUY 107.20
14/04/2021186.5200SELL 107.47
30/03/2021175.4700BUY 101.36
19/03/2021179.3100SELL 101.61
09/03/2021177.0700BUY 100.59
04/03/2021177.0900SHORT 101.08
01/03/2021182.1800BUY 104.51
18/02/2021184.9900SELL 104.77
01/02/2021175.5900BUY 99.70
26/01/2021179.2100SHORT 98.22
20/01/2021181.1000BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
19/01/2022185.4400SHORT 153.17
11/01/2022190.6500BUY 158.26
31/12/2021202.8400SELL 158.66
21/12/2021201.3800BUY 157.91
09/12/2021205.3700SHORT 155.68
07/12/2021206.1500BUY 157.06
30/11/2021210.0400SELL 157.45
25/11/2021215.3000BUY 161.80
22/11/2021218.5400SELL 162.21
12/11/2021212.2200BUY 157.91
10/11/2021210.4350SELL 158.31
01/11/2021204.5500BUY 154.27
25/10/2021204.2200SELL 154.66
14/10/2021199.1700BUY 151.21
12/10/2021193.1300SHORT 156.87
06/10/2021190.7200BUY 155.69
29/09/2021193.5000SHORT 154.26
22/09/2021200.2300BUY 160.43
07/09/2021208.5750SELL 160.83
23/08/2021199.5500BUY 154.26
10/08/2021201.4400SELL 154.65
04/08/2021203.3200BUY 156.48
27/07/2021200.9600SELL 156.87
22/07/2021201.2400BUY 157.48
16/07/2021196.0900SELL 157.87
13/07/2021198.9600BUY 160.58
08/07/2021197.6900SELL 160.98
15/06/2021192.9400BUY 157.51
03/06/2021188.2800SELL 157.90
20/05/2021185.1200BUY 155.64
12/05/2021179.9200SHORT 161.08
07/05/2021183.9400BUY 165.51
14/04/2021186.5200SELL 165.92
30/03/2021175.4700BUY 156.48
19/03/2021179.3100SELL 156.87
09/03/2021177.0700BUY 155.30
04/03/2021177.0900SHORT 156.06
01/03/2021182.1800BUY 161.35
18/02/2021184.9900SELL 161.75
01/02/2021175.5900BUY 153.92
26/01/2021179.2100SHORT 151.63
20/01/2021181.1000BUY 154.00
12/01/2021183.1600SELL 154.39
05/01/2021179.5900BUY 151.76
29/12/2020180.9200SELL 152.14
16/12/2020175.3600BUY 147.83
11/12/2020173.4900SELL 148.20
08/12/2020175.7200BUY 150.48
04/12/2020172.6100SHORT 154.01
26/11/2020172.3300BUY 154.53
24/11/2020170.6500SHORT 156.85
20/11/2020172.5500BUY 159.39
09/11/2020175.3700SELL 159.79
03/11/2020169.7100BUY 155.02
16/10/2020182.5500SELL 155.41
09/10/2020181.5700BUY 154.96
06/10/2020177.5900SELL 155.35
22/09/2020173.7200BUY 152.35
28/08/2020181.1800SELL 152.73
26/08/2020181.4800BUY 153.37
24/08/2020180.0600SHORT 155.36
17/08/2020180.5000BUY 156.52
07/08/2020182.3850SELL 156.91
30/07/2020178.8900BUY 154.29
23/07/2020174.1600SELL 154.68
09/06/2020157.6400BUY 140.36
26/05/2020159.8000SELL 140.71
15/05/2020156.5000BUY 138.15
13/05/2020156.4100SELL 138.50
31/03/2020125.1300BUY 111.08
27/03/2020121.0500SHORT 115.53
24/03/2020118.8000BUY 113.95
26/02/2020148.9900SHORT 95.23
04/02/2020155.2800BUY 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.