Index Trend Analysis Report
Prepared for you on Thursday, April 19, 2018.
S&P ASX AUSTRALIAN FIXED INT AAA RATING (CME:SPBDAR1T)
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 SPBDAR1T
The long term trend has been UP since Oct 31st, 2017 at 141.746
The intermediate term trend has been DOWN since Apr 10th, 2018 at 142.835
The short term trend has been DOWN since Apr 10th, 2018 at 142.964
Smart Scan Analysis for SPBDAR1T
Based on a pre-defined weighted trend formula for chart analysis, SPBDAR1T scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||143.905||52wk High Date||2018-04-03|
|52wk Low||139.207||52wk Low Date||2017-05-09|