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Index Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

S&P/TSX Completion Index (TSE:TX40)

Bull Market Weakness (+75) - TX40 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TX40 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid TX40?

MarketClub looks at technical strength and momentum to determine if the timing is right for TX40.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_TX40
Open High Low TX40 Price Change
882.28 888.23 881.55 886.03 +2.59
Entry Signal

MarketClub’s Trade Triangles for TX40

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 992.53

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 759.30

short term up The short-term trend has been UP since May 28th, 2020 at 880.93

Smart Scan Analysis for TX40

Based on our trend formula, TX40 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for TX40
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
882.28 888.23 881.55 886.03 +2.59
Prev. Close Volume Bid Ask Time
714.42 127625411 2020-06-01 16:00:02
52wk High1030.0352wk High Date2018-06-20
52wk Low882.4252wk Low Date2018-11-20
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