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
About S&P/TSX Composite Index
ISIN
XC0009695252
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.
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.
TSX will continue its sidewaysAfter the recent low move ,TSX will continue move in the sideways .
The sideway move will continue for some time.
The next move will be decided based on the side moves .Looking at the Global moves after the side move market will go up.
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TSX RecessionThe S&P/TSX Composite Index is the benchmark Canadian index, representing roughly 70% of the total market capitalization on the Toronto Stock Exchange with about 250 companies included in it. The Toronto Stock Exchange is made up of over 1,500 companies. It replaces the earlier TSE 300 index.
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RY
ROYAL BANK OF CANADA
TD
TORONTO-DOMINION BANK
SHOP
SHOPIFY INC
CNR
CANADIAN NATIONAL RAILWAYS CO
TRI
THOMSON-REUTERS CORP
ENB
ENBRIDGE INC
CP
CANADIAN PAC KANS CITY LTD
CNQ
CANADIAN NATURAL RESOURCES LTD
BN
BROOKFIELD CORPORATION
BMO
BANK OF MONTREAL
CSU
CONSTELLATION SOFTWARE INCExplore more companies
Frequently Asked Questions
The current value of S&P/TSX Composite Index is 21587.88 CAD — it has fallen by 0.24% 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 May 21, 2024 — 22554.98 CAD. See more data on the S&P/TSX Composite Index chart.
The lowest ever quote of S&P/TSX Composite Index is 1337.10 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 1.84% in the past week, since last month it has shown a 3.31% decrease, and over the year it's increased by 7.63%. 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 326.25% over the year.
The weakest component of S&P/TSX Composite Index is TSX:SSRM — it's lost 66.86% 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 222 instruments including TSX:RY, TSX:TD, TSX:SHOP and others. See the full list of S&P/TSX Composite Index components to find more opportunities.