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Index Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

S&P/TSX 60 Index (TSE:TX60)

Bear Market Rally (-75) - TX60 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TX60 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid TX60?

MarketClub looks at technical strength and momentum to determine if the timing is right for TX60.

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

Open High Low TX60 Price Change
1169.13 1169.59 1155.87 1159.83 -6.57
Entry Signal

MarketClub’s Trade Triangles for TX60

long term down The long-term trend has been DOWN since May 9th, 2022 at 1234.58

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1219.22

short term up The short-term trend has been UP since Jun 27th, 2022 at 1163.67

Smart Scan Analysis for TX60

Based on our trend formula, TX60 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for TX60
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1169.13 1169.59 1155.87 1159.83 -6.57
Prev. Close Volume Bid Ask Time
1166.40 67394980 2022-06-29 15:59:16
52wk High984.4352wk High Date2018-07-13
52wk Low871.6852wk Low Date2018-10-29
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