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Index Trend Analysis Report

Prepared for you on Thursday, March 4, 2021.

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

Bull Market Weakness (+75) - TX60 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TX60 as it may be in the beginning stages 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
1097.09 1097.35 1086.57 1090.22 -6.36
Entry Signal

MarketClub’s Trade Triangles for TX60

long term up The long-term trend has been UP since Nov 17th, 2020 at 1012.36

intermediate term up The intermediate-term trend has been UP since Feb 5th, 2021 at 1073.45

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 1073.76

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
1097.09 1097.35 1086.57 1090.22 -6.36
Prev. Close Volume Bid Ask Time
1090.22 137446537 2021-03-03 16:00:01
52wk High984.4352wk High Date2018-07-13
52wk Low871.6852wk Low Date2018-10-29
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