Index Trend Analysis Report
Prepared for you on Tuesday, January 23, 2018.
S&P ASX GOVT BOND INDEX TRUST (CME:SPBDAGVT)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 SPBDAGVT
The long term trend has been UP since Oct 31st, 2017 at 142.237
The intermediate term trend has been DOWN since Dec 20th, 2017 at 142.784
The short term trend has been DOWN since Jan 8th, 2018 at 142.743
Smart Scan Analysis for SPBDAGVT
Based on a pre-defined weighted trend formula for chart analysis, SPBDAGVT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||143.95||52wk High Date||2017-11-30|
|52wk Low||137.163||52wk Low Date||2017-03-10|