Index Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
S&P ASX GOVT BOND INDEX TRUST (CME:SPBDAGVT)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 SPBDAGVT
The long term trend has been UP since Mar 23rd, 2018 at 143.650
The intermediate term trend has been DOWN since Sep 16th, 2018 at 145.999
The short term trend has been UP since Oct 18th, 2018 at 146.023
Smart Scan Analysis for SPBDAGVT
Based on a pre-defined weighted trend formula for chart analysis, SPBDAGVT scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||146.999||52wk High Date||2018-09-03|
|52wk Low||140.807||52wk Low Date||2017-10-23|