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Index Trend Analysis Report

Prepared for you on Sunday, June 4, 2023.

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.

TSE_TX60
Open High Low TX60 Price Change
1188.87 1204.32 1188.87 1203.60 +21.30
Entry Signal

MarketClub’s Trade Triangles for TX60

long term down The long-term trend has been DOWN since Mar 15th, 2023 at 1157.69

intermediate term down The intermediate-term trend has been DOWN since May 16th, 2023 at 1222.23

short term up The short-term trend has been UP since Jun 2nd, 2023 at 1199.92

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).

-75
Smart Scan Analysis for TX60
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1188.87 1204.32 1188.87 1203.60 +21.30
Prev. Close Volume Bid Ask Time
1203.60 132407596 2023-06-02 16:00:01
52wk High984.4352wk High Date2018-07-13
52wk Low871.6852wk Low Date2018-10-29
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