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Index Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

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

Long-Term Downtrend (-90) - TX60 is in a strong downtrend that is likely to continue. While TX60 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
1293.59 1293.59 1281.94 1292.23 -2.98
Entry Signal

MarketClub’s Trade Triangles for TX60

long term down The long-term trend has been DOWN since Jun 14th, 2024 at 1290.19

intermediate term down The intermediate-term trend has been DOWN since May 29th, 2024 at 1317.97

short term down The short-term trend has been DOWN since Jun 4th, 2024 at 1308.92

Smart Scan Analysis for TX60

Based on our trend formula, TX60 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for TX60
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1293.59 1293.59 1281.94 1292.23 -2.98
Prev. Close Volume Bid Ask Time
1292.23 137629795 2024-06-14 16:00:16
52wk High984.4352wk High Date2018-07-13
52wk Low871.6852wk Low Date2018-10-29
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