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Index Trend Analysis Report

Prepared for you on Wednesday, August 5, 2020.

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

Strong Uptrend (+100) - TX60 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TX60 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
985.49 988.90 984.83 987.25 +6.37
Entry Signal

MarketClub’s Trade Triangles for TX60

long term up The long-term trend has been UP since Jul 15th, 2020 at 963.58

intermediate term up The intermediate-term trend has been UP since Jul 13th, 2020 at 954.77

short term up The short-term trend has been UP since Jul 29th, 2020 at 970.13

Smart Scan Analysis for TX60

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

+100
Smart Scan Analysis for TX60
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
985.49 988.90 984.83 987.25 +6.37
Prev. Close Volume Bid Ask Time
908.66 61139023 2020-08-05 14:59:01
52wk High984.4352wk High Date2018-07-13
52wk Low871.6852wk Low Date2018-10-29
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