WIG20TR (GPW)

WIG20TR GPW

WARSAW SE WIG 20 TR INDEX

SELL

5773

Prev.Close

5927

Change

-154.0000

Change%

-2.60%

BEARISH THREE GAP UPS

Sold at

5800.01

Open

5939

High

5944

Low

5750

5773

Gain%

-0.46%

Signal History

Date	Price	Signal	Change%		PLN100⇨
30/04	5800	SELL	-0.5%		114
15/04	5515	BUY	+5.2%	✔	109
04/04	5508	SELL	+0.1%	❌	109
02/04	5776	BUY	-4.6%	❌	115
19/03	5853	SELL	-1.3%	✔	115
13/03	5555	BUY	+5.4%	✔	109
11/03	5442	SELL	+2.1%	❌	109
06/03	5493	BUY	-0.9%	❌	111
04/03	5381	SELL	+2.1%	❌	111
26/02	5518	BUY	-2.5%	❌	114
20/02	5514	SELL	+0.1%	❌	114
03/01	4712	BUY	+17.0%	✔ 👍	98
30/12	4616	SELL	+2.1%	❌	98
21/11	4557	BUY	+1.3%	✔	97
18/11	4608	SHORT	-1.1%	✔	96
07/11	4760	BUY	-3.2%	❌	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 5816, and our valid average selling value now stands at 5800. The previous BUY signal was issued on 15/04/2025, 15 days ago, when the index value was 5515. Since then, WIG20TR has risen by +5.17%.

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	5800	SELL	-0.5%		195
15/04	5515	BUY	+5.2%	✔	186
04/04	5508	SELL	+0.1%	❌	186
02/04	5776	BUY	-4.6%	❌	195
19/03	5853	SELL	-1.3%	✔	196
13/03	5555	BUY	+5.4%	✔	186
11/03	5442	SELL	+2.1%	❌	186
06/03	5493	BUY	-0.9%	❌	189
04/03	5381	SELL	+2.1%	❌	189
26/02	5518	BUY	-2.5%	❌	194
20/02	5514	SELL	+0.1%	❌	195
03/01	4712	BUY	+17.0%	✔ 👍	167
30/12	4616	SELL	+2.1%	❌	167
21/11	4557	BUY	+1.3%	✔	165
18/11	4608	SHORT	-1.1%	✔	164
07/11	4760	BUY	-3.2%	❌	170
15/10	4891	SELL	-2.7%	✔	170
09/10	4843	BUY	+1.0%	✔	169
01/10	4875	SHORT	-0.6%	✔	169
13/09	4775	BUY	+2.1%	✔	166
05/09	4947	SELL	-3.5%	✔	166
29/08	4971	BUY	-0.5%	❌	167
26/08	4955	SELL	+0.3%	❌	168
08/08	4653	BUY	+6.5%	✔	158
16/07	5225	SELL	-11.0%	✔	158
09/07	5213	BUY	+0.2%	✔	158
02/07	5210	SELL	+0.1%	❌	158
25/06	5216	BUY	-0.1%	❌	159
21/06	5094	SELL	+2.4%	❌	159
12/06	4980	BUY	+2.3%	✔	156
22/05	5221	SELL	-4.6%	✔	156
08/05	5175	BUY	+0.9%	✔	155
02/05	5012	SELL	+3.2%	❌	156
18/04	4934	BUY	+1.6%	✔	153
11/04	4950	SELL	-0.3%	✔	154
27/03	4801	BUY	+3.1%	✔	149
25/03	4755	SHORT	+1.0%	❌	151
21/03	4762	BUY	-0.1%	❌	152
15/03	4799	SELL	-0.8%	✔	153
11/03	4727	BUY	+1.5%	✔	151