Index Trend Analysis Report
Prepared for you on Saturday, November 17, 2018.
S&P ASX CORPORATE BOND A RATING BAND TRUST (CME:SPBDAC3T)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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 23rd, 2018 at 154.611
The short term trend has been UP since Nov 12th, 2018 at 154.525
Smart Scan Analysis for SPBDAC3T
Based on a pre-defined weighted trend formula for chart analysis, SPBDAC3T scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||155.213||52wk High Date||2018-10-30|
|52wk Low||150.167||52wk Low Date||2018-01-22|