Index Trend Analysis Report
Prepared for you on Sunday, November 19, 2017.
S&P ASX CORPORATE BOND A RATING BAND TRUST (CME:SPBDAC3T)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPBDAC3T
The long term trend has been UP since Feb 9th, 2017 at 144.673
The intermediate term trend has been UP since Oct 12th, 2017 at 148.923
The short term trend has been UP since Nov 15th, 2017 at 150.630
Smart Scan Analysis for SPBDAC3T
Based on a pre-defined weighted trend formula for chart analysis, SPBDAC3T scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||150.761||52wk High Date||2017-11-16|
|52wk Low||142.515||52wk Low Date||2016-12-28|