TSE index in its final days !!!!The chart posted is the TSE exchange as you can see the clear channel formed and that Optimism is at high levels and with Tariff nearing of 25% is it SAFE ????
About S&P/TSX Composite Index
The S&P/TSX Composite Index is the main indicator for the Canadian stock market. It was launched in 1977, and today covers nearly all Canadian equities, though the index primarily tracks companies based in Toronto and listed on the Toronto Stock Exchange. TSX index tracks the performance of large-cap companies operating mostly in Finance, Energy, and Industrial sectors.
S&P/TSX Composite Index Continues Record-Breaking MomentumCurrent Market Situation:
The S&P/TSX Composite Index closed slightly above 24,050 on Friday, marking a 0.7% weekly gain and continuing its record-breaking trend.
Driving Factors:
Weak GDP data for August pointed to economic stagnation, reinforcing expectations of a dovish stance from the Bank of
TSX daily rejection of rising wedge channelToday is BoC interest rate decision
Volume spike
Daily rejection of channel
Daily RSI bearish divergence
Entry with HXD
TP: Want to see red weekly close if possible
TSX and Crude OilNow this chart really got me curious.
Canada's major stock exchange is breaking out.
But the intriguing part is that crude oil tracks its momentum.
#tsx #crudeoil #inflation #gold #silver #uranium
TSX Index SeasonalityThe TSX index doesn't react exactly the same every year, however it's interesting to note how closely 2023 followed the 42 year historical trend. Seasonality helps you to figure out the market general direction instead of having to fight it.
Comment below if you have ideas to improve on the strat
TSX high volume + High risk shortDaily high volume at the top of the resistance line
Not high volume on break of resistance line
Trend still bounce between support and resistance lines
However oil is super strong which could be bullish for TSX
Fed decision this coming Wednesday
High risk: Short to support line
or wait to evaluat
TSX, Low-Momentum Market, FLAG-FORMATION Sets Up A HUGE PLUNGE!Hello There!
Welcome to my new analysis about the TSX CANADIAN STOCK MARKET INDEX on the 2-day timeframe perspectives. When approaching this stock market index it is necessary to view the prevailing sector stocks market situations firstly, in the recent times a precarious devaluing in the Canadia
TSX about to breakout! See you at 23,000Beautiful chart pattern!
Price is creating a spring to send it to 23,000 in the next 3-6 months.
Get ready!
TSX, Setting Up To For Possible A Alteration In Perspective!Hello Traders Investors And Community,
Welcome to this analysis where we are looking at TSX 4-hour timeframe perspective which is showing up some quite interesting signals at the moment. As the main market has recovered from the corona-breakdowns seen this year the meaningful question is now if th
TSX Crash wave C next? This bearish potential wave count could foreshadow a retrace back to the pandemic lows. The rising wedge in 2020 is followed up with another rising wedge and symmetrical triangle. The pattern recognition and Elliot wave count are in alignment here.
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current value of S&P/TSX Composite Index is 25,471.91 CAD — it has risen by 0.42% in the past 24 hours. Track the index more closely on the S&P/TSX Composite Index chart.
S&P/TSX Composite Index reached its highest quote on Dec 2, 2024 — 25,706.50 CAD. See more data on the S&P/TSX Composite Index chart.
The lowest ever quote of S&P/TSX Composite Index is 1,337.10 CAD. It was reached on Jul 8, 1982. See more data on the S&P/TSX Composite Index chart.
S&P/TSX Composite Index value has decreased by −0.22% in the past week, since last month it has shown a 3.34% increase, and over the year it's increased by 25.99%. Keep track of all changes on the S&P/TSX Composite Index chart.
The champion of S&P/TSX Composite Index is TSX:CLS — it's gained 238.24% over the year.
The weakest component of S&P/TSX Composite Index is TSX:PXT — it's lost −45.23% over the year.
S&P/TSX Composite Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy S&P/TSX Composite Index futures or funds or invest in its components.
The S&P/TSX Composite Index is comprised of 219 instruments including TSX:RY, TSX:SHOP, TSX:TD and others. See the full list of S&P/TSX Composite Index components to find more opportunities.