WIG20lev (GPW)

WIG20lev GPW

WARSAW SE WIG 20 LEV INDEX

SELL

529.64

Prev.Close

558.76

Change

-29.1200

Change%

-5.21%

BEARISH THREE GAP UPS

Sold at

535.68

Open

560.73

High

561.89

Low

525.36

529.64

Gain%

-1.13%

Signal History

Date	Price	Signal	Change%		PLN100⇨
30/04	535.68	SELL	-1.1%		133
15/04	486.67	BUY	+10.1%	✔ 👍	121
04/04	491.15	SHORT	-0.9%	✔	120
02/04	541.43	BUY	-9.3%	❌	133
19/03	558.09	SELL	-3.0%	✔	133
13/03	503.99	BUY	+10.7%	✔ 👍	121
11/03	483.76	SHORT	+4.2%	❌	127
06/03	493.92	BUY	-2.1%	❌	130
20/02	500.63	SELL	-1.3%	✔	130
03/01	369.38	BUY	+35.5%	✔ 👍	96
30/12	355.54	SHORT	+3.9%	❌	100
21/11	350.04	BUY	+1.6%	✔	99
15/11	367.15	SHORT	-4.7%	✔	95
07/11	383.47	BUY	-4.3%	❌	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 538.72, and our valid average selling value now stands at 535.68. The previous BUY signal was issued on 15/04/2025, 15 days ago, when the index value was 486.67. Since then, WIG20lev has risen by +10.07%.

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	535.68	SELL	-1.1%		404
15/04	486.67	BUY	+10.1%	✔ 👍	368
04/04	491.15	SHORT	-0.9%	✔	366
02/04	541.43	BUY	-9.3%	❌	405
19/03	558.09	SELL	-3.0%	✔	406
13/03	503.99	BUY	+10.7%	✔ 👍	367
11/03	483.76	SHORT	+4.2%	❌	385
06/03	493.92	BUY	-2.1%	❌	395
20/02	500.63	SELL	-1.3%	✔	395
03/01	369.38	BUY	+35.5%	✔ 👍	292
30/12	355.54	SHORT	+3.9%	❌	305
21/11	350.04	BUY	+1.6%	✔	302
15/11	367.15	SHORT	-4.7%	✔	290
07/11	383.47	BUY	-4.3%	❌	304
15/10	407.31	SHORT	-5.9%	✔	288
09/10	401.59	BUY	+1.4%	✔	285
01/10	406.88	SHORT	-1.3%	✔	283
24/09	408.79	BUY	-0.5%	❌	285
20/09	398.26	SHORT	+2.6%	❌	294
13/09	405.94	BUY	-1.9%	❌	301
26/08	439.09	SHORT	-7.5%	✔	281
12/08	399.95	BUY	+9.8%	✔	257
16/07	504.54	SELL	-20.7%	✔	257
09/07	502.56	BUY	+0.4%	✔	257
02/07	502.45	SELL	0.0%	❌	257
25/06	505.18	BUY	-0.5%	❌	259
21/06	483.20	SELL	+4.5%	❌	260
12/06	463.46	BUY	+4.3%	✔	250
22/05	512.84	SELL	-9.6%	✔	250
08/05	512.30	BUY	+0.1%	✔	250
24/04	488.37	SHORT	+4.9%	❌	264
18/04	478.74	BUY	+2.0%	✔	260
11/04	483.62	SELL	-1.0%	✔	261
27/03	456.40	BUY	+6.0%	✔	247
25/03	447.80	SHORT	+1.9%	❌	252
21/03	440.56	BUY	+1.6%	✔	249
15/03	457.35	SHORT	-3.7%	✔	241
12/03	457.37	BUY	0.0%	❌	242
27/02	484.78	SELL	-5.7%	✔	243
14/02	443.52	BUY	+9.3%	✔	223