tsx priced in goldUsually not good for the US economy when Canadian stock markets plunge versus gold.
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.
Objects in the mirror are closer than they appear!Objects in the mirror are closer than they appear!
tsx priced in gold
recession indicator
The TSX is forming a rare Head & Shoulders top reversal patternA head and shoulders top is a common chart pattern in technical analysis that signals a potential reversal from an uptrend to a downtrend. Here’s how it works:
The Setup:
The price of an asset is rising in an uptrend.
The pattern forms as the price creates three peaks (or highs) with two valleys
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 ????
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
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related indices
Frequently Asked Questions
The current value of S&P/TSX Composite Index is 24,710.51 CAD — it has fallen by −0.069% 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 Jan 30, 2025 — 25,875.61 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 increased by 2.46% in the past week, since last month it has shown a −2.55% decrease, and over the year it's increased by 13.32%. Keep track of all changes on the S&P/TSX Composite Index chart.
The champion of S&P/TSX Composite Index is TSX:LUG — it's gained 207.29% over the year.
The weakest component of S&P/TSX Composite Index is TSX:TLRY — it's lost −71.95% 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 218 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.