Index Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
S&P ASX AUSTRALIAN FIXED INTERES 1-5 YEAR (CME:SPBDAS1T)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SPBDAS1T
The long term trend has been UP since Mar 20th, 2017 at 130.839
The intermediate term trend has been UP since Oct 3rd, 2018 at 136.257
The short term trend has been UP since Oct 11th, 2018 at 136.170
Smart Scan Analysis for SPBDAS1T
Based on a pre-defined weighted trend formula for chart analysis, SPBDAS1T scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||136.324||52wk High Date||2018-10-04|
|52wk Low||132.643||52wk Low Date||2017-10-23|
|Contract High||0.0169||Contract High Date||2013-10-16|
|Contract Low||0.0014||Contract Low Date||2013-10-29|