Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
S&P ASX AUSTRALIAN FIXED INT AAA RATING (CME:SPBDAR1T)
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 SPBDAR1T
The long term trend has been UP since May 29th, 2018 at 143.905
The intermediate term trend has been UP since May 6th, 2018 at 143.058
The short term trend has been DOWN since Jul 13th, 2018 at 144.761
Smart Scan Analysis for SPBDAR1T
Based on a pre-defined weighted trend formula for chart analysis, SPBDAR1T scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||145.173||52wk High Date||2018-07-04|
|52wk Low||139.467||52wk Low Date||2017-09-21|