WIG20 (GPW)

WIG20 GPW

WARSAW SE WIG 20 SINGLE MARKET IND

SELL

2738

Prev.Close

2811

Change

-73.0000

Change%

-2.60%

BEARISH THREE GAP UPS

Sold at

2749.70

Open

2816

High

2819

Low

2727

2738

Gain%

-0.43%

Signal History

Date	Price	Signal	Change%		PLN100⇨
30/04	2750	SELL	-0.4%		117
15/04	2618	BUY	+5.0%	✔	111
04/04	2615	SELL	+0.1%	❌	112
02/04	2743	BUY	-4.7%	❌	117
19/03	2779	SELL	-1.3%	✔	118
13/03	2639	BUY	+5.3%	✔	112
11/03	2584	SELL	+2.1%	❌	112
06/03	2610	BUY	-1.0%	❌	113
20/02	2618	SELL	-0.3%	✔	114
03/01	2238	BUY	+17.0%	✔ 👍	97
30/12	2192	SELL	+2.1%	❌	98
21/11	2165	BUY	+1.2%	✔	97
18/11	2185	SHORT	-0.9%	✔	96
07/11	2261	BUY	-3.4%	❌	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SELL. The BEARISH THREE GAP UPS pattern has finally received confirmation because the values crossed below the confirmation level at 2758, and our valid average selling value now stands at 2750. The previous BUY signal was issued on 15/04/2025, 15 days ago, when the index value was 2618. Since then, WIG20 has risen by +5.01%.

Market Outlook

We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend. more...

Date	Price	Signal	Change%		PLN100⇨
30/04	2750	SELL	-0.4%		201
15/04	2618	BUY	+5.0%	✔	192
04/04	2615	SELL	+0.1%	❌	193
02/04	2743	BUY	-4.7%	❌	203
19/03	2779	SELL	-1.3%	✔	203
13/03	2639	BUY	+5.3%	✔	193
11/03	2584	SELL	+2.1%	❌	193
06/03	2610	BUY	-1.0%	❌	196
20/02	2618	SELL	-0.3%	✔	196
03/01	2238	BUY	+17.0%	✔ 👍	168
30/12	2192	SELL	+2.1%	❌	168
21/11	2165	BUY	+1.2%	✔	167
18/11	2185	SHORT	-0.9%	✔	166
07/11	2261	BUY	-3.4%	❌	172
15/10	2323	SELL	-2.6%	✔	173
09/10	2304	BUY	+0.8%	✔	172
01/10	2317	SHORT	-0.6%	✔	171
24/09	2322	BUY	-0.2%	❌	172
20/09	2288	SHORT	+1.5%	❌	176
13/09	2310	BUY	-0.9%	❌	178
26/08	2395	SHORT	-3.6%	✔	172
12/08	2281	BUY	+5.0%	✔	165
16/07	2550	SELL	-10.5%	✔	165
09/07	2544	BUY	+0.2%	✔	165
02/07	2541	SELL	+0.1%	❌	166
25/06	2547	BUY	-0.2%	❌	166
21/06	2490	SELL	+2.3%	❌	167
12/06	2436	BUY	+2.2%	✔	163
22/05	2553	SELL	-4.6%	✔	164
08/05	2551	BUY	+0.1%	✔	164
24/04	2485	SELL	+2.6%	❌	164
18/04	2461	BUY	+1.0%	✔	163
11/04	2468	SELL	-0.3%	✔	163
27/03	2395	BUY	+3.1%	✔	159
25/03	2371	SHORT	+1.0%	❌	161
21/03	2376	BUY	-0.2%	❌	162
15/03	2393	SELL	-0.7%	✔	162
11/03	2359	BUY	+1.5%	✔	160
27/02	2458	SELL	-4.0%	✔	161
14/02	2348	BUY	+4.7%	✔	154